Q3-2018: Inflation loses momentum

At the end of the third quarter of 2018, the prices for assets held by German households rose by 4.8 %. While tangible assets and especially real estate are still on an upward trend, prices for financial assets were stagnating. Differences in both the cross-section of German households in terms of net wealth and age became significantly smaller than in previous quarters. The difference between asset price inflation and consumer price inflation, however, has fallen to 2.7 percentage points, the lowest for five years.

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