Economics
Inflation Forces Almost Half of Germans to Rein In Spending
This article is for subscribers only.
Nearly half of all Germans can no longer afford their lifestyle as inflation surges from one record to the next, according to a poll conducted for public broadcaster ARD.
About 47% indicated they’re strongly or very strongly cutting back on spending. In low-income households, that share rises to more than three-quarters. The survey was conducted among 1,337 Germans between May 30 and June 1.