01.12.2016 - Studies

H1-2016: The Disparity of Wealth Prices across the Euro Area

by Philipp Immenkötter

In the first and second quarter of 2016 wealth price in the Euro area rose by +0.5% and +0.7% from the same quarter of the preceding year. Despite a low price growth rate for the Euro area there is a wide and dynamic disparity between the countries.

The strongest decline in wealth prices was recorded in Greece (‑4.3 % in Q1 year over year) where price have been falling for 25 quarters in a row. Austria and Germany exhibit the highest wealth price inflation rates in the first half of 2016 with year over year price growth rate of up to +5.0 %. Wealth prices in Finland and France slightly decreased in the first half of 2016, which denotes a turning point as wealth prices were on the rise for the last six years in the two countries. In contrast to wealth price inflation, consumer price inflation is homogenous and low throughout the Euro area.

Download study as PDF (Reading time: 10 min.)

Legal notice

The information contained and opinions expressed in this document reflect the views of the author at the time of publication and are subject to change without prior notice. Forward-looking statements reflect the judgement and future expectations of the author. The opinions and expectations found in this document may differ from estimations found in other documents of Flossbach von Storch AG. The above information is provided for informational purposes only and without any obligation, whether contractual or otherwise. This document does not constitute an offer to sell, purchase or subscribe to securities or other assets. The information and estimates contained herein do not constitute investment advice or any other form of recommendation. All information has been compiled with care. However, no guarantee is given as to the accuracy and completeness of information and no liability is accepted. Past performance is not a reliable indicator of future performance. All authorial rights and other rights, titles and claims (including copyrights, brands, patents, intellectual property rights and other rights) to, for and from all the information in this publication are subject, without restriction, to the applicable provisions and property rights of the registered owners. You do not acquire any rights to the contents. Copyright for contents created and published by Flossbach von Storch AG remains solely with Flossbach von Storch AG. Such content may not be reproduced or used in full or in part without the written approval of Flossbach von Storch AG.

Reprinting or making the content publicly available – in particular by including it in third-party websites – together with reproduction on data storage devices of any kind requires the prior written consent of Flossbach von Storch AG.

© 2022 Flossbach von Storch. All rights reserved.