Q2-2015: Asset price inflation persists

At the end of the first half of 2015, asset price inflation remained high at +6.5% year-on-year. Consumer prices rose by only 0.5% in the same period and producer prices fell by 1.4%.

At +27.5%, collectors’ and speculative items recorded the highest rate of price increase compared with the same quarter of the previous year. This is followed by business wealth and equity with +14.2% and +9.9%, respectively. Long-term consumer goods and bonds rose most slowly at 0.4% each.

The asset prices of the lower middle class have been rising more slowly than those of the other population groups for several years now. As a result, asset prices are diverging more and more in the lower end of the household distribution.

This study is co-authored by Christopher Thiem.

Please note: This study is available in German only.