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15.05.2020 - Studies

Q1-2020: Decline within the first quarter

by Philipp Immenkötter

Within the first quarter of 2020, the prices of the assets held by German private household fell by -2.7%. This development is driven by a decline in the prices of financial assets and business wealth – except Gold. Compared to the same quarter of the previous year, however, asset prices rose by +2.4%, as the decline in prices is limited exclusively to the first quarter.

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