Q2-2018: Inflation remains very high

At the end of the second quarter of 2018, the price of assets held by German households rose by 6.5 % year-on-year. The price increase is driven by real assets such as real estate, while financial assets are falling.

• Prices for business wealth are experiencing the highest growth rate of the quarter at 9.1 %, while the highest rate of deflation (-3.0 %) of all asset categories is recorded for collectors' items.
• Households with a high level of real estate and business ownership are the main beneficiaries of the persistently high inflation. These are more common in wealthy or older households.
• The Flossbach von Storch (FvS) asset price index for Germany measures the price development of assets held by German households.

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