German households spent €335 monthly on groceries in 2023 amid food inflationExecutive summary: German households spent on average €335 per month on food in 2023, according to Der Spiegel. The figure highlights persistent food price pressures that contribute to overall inflation and affect consumer purchasing power in Germany. Private households in Germany, food retailers, and the broader German economy. Continued monitoring of food price trends and possible policy responses to mitigate inflationary pressure.Der Spiegel reports that German private households spent on average €335 per month on food in 2023, with meat and fish driving the increase, while the share of food expenditures in total consumption remained stable. The data indicate ongoing price pressure in the food sector despite a flat consumption share. This persistence underscores the cost-of-living strain on consumers and its relevance for inflation dynamics. The findings are based on a stable methodology and reflect comprehensive household spending data.Connected developmentsZEW economic sentiment improves unexpectedlyEconomic forecasters predict slower German growthOpen the full case file on Beyond →
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