15.11.2022 - Studies

Q3-2022: First price erosion in 13 years

by Philipp Immenkötter


At the end of the third quarter, asset prices for German households were -1.5% lower than in the prior-year quarter. For German assets, this is the first price decline since 2009, after asset prices had risen continuously, driven in part by the monetary policy of the European Central Bank.

This study is avalaibe in German only

 

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