19 04 2024 - Society & Finance

Inflation will probably fix it - A scenario analysis of the German government's pension package II

by Sven Ebert & Pablo Duarte

The pension reform manifests the entitlements of pensioners and those approaching retirement. The employees are supposed to pay. A Pyrrhic victory for politicians and their ageing electorate (in German only).

The Euro Meltdown

"In accordance with Article 127(1) and Article 282(2) of the Treaty on the Functioning of the European Union, the primary objective of the ESCB shall be to maintain price stability."

Source: Official Journal of the European Union 

FvS Wealth Price Index for Germany

Asset price deflation has continued for six quarters in a row now. Most recently, asset prices for private German households fell by -2.9%. This is primarily due to the development of market and key interest rates.

FvS Wealth Price Series for the Euro Area

The turnaround in interest rates led to falling asset prices in the northern countries of the eurozone in mid-2023. In the southern countries, a catch-up effect led to asset prices rising despite rising interest rates.

FvS Business Cycle Indicator for Germany

The FvS Konjunkturindikator (FvS-KI) maps the actual economic activity in Germany on a monthly basis, based on a set of hard real economic data. On the basis of the FvS-KI we carry out business cycle dating for Germany.

FvS Real Economy Tracker

We track the development of the real economy in real time. Our activity index and other indicators are updated weekly.

FvS Inflation Tracker

We follow the development of consumer and producer prices. Rising commodity prices can lead to rising wages and thus to rising prices.