21.02.2016 - Studies
In 2015, asset price inflation was higher than ever before at +7.8%. Although prices of financial assets stagnated (+0.7%), the rise in real asset (+9.5%) drove asset price inflation to a new record high.
Real estate, the largest asset position of German households, became 5.9% more expensive in 2015, a record for this category. The strongest increase was recorded for business wealth (+24.5%), followed by collective and speculative goods (+15.4%). Share prices climbed by an average of 5.8%, while bond prices fell by 2.2% compared with the previous year.
In 2015, the wealthiest German households recorded the highest price increase for their assets (+10.4%) since 2007. For significantly poorer households, the increase was significantly lower (2.5%).
Stagnating consumer prices and falling producer prices contributed to the fact that the gap between asset price inflation and consumer prices inflation rose to a new record level in 2015.
Please note: This study is available in German only.
01.12.2016 - Wealth Price Index
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