The rising inflation rate is causing a lot of problems for consumers. Everyday products have become much more expensive. At 7.9 percent, May’s inflation rate was the highest since 1973. A random sample shows the impact this is having on food prices.
Consumer portal Comparison.org randomly analyzed which products saw their prices rise particularly sharply in less than 2 months.
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In 1st place: organic butter
With a 30.57 percent price increase, organic butter ranks first in the inflation ranking. Here the price went from € 2.29 to € 2.99. -
2nd place: Sliced salami
During the observation period, the price rose from EUR 1.39 to EUR 1.79, an increase of 28.78%. -
In 3rd place: shampoo
500ml of private label shampoo cost € 0.75 in March and May. already 0.95 euros. The price increased by 26.67%. -
4th place: Black Forest ham
The price of the product has increased from 1.19 EUR to 1.49 EUR, which is 25.21% higher. -
In 5th place: middle-aged Gouda
300 grams of cheese cost € 1.99 in March and € 2.49 in May, 25.13% more.
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Inflation: highest rate in nearly 50 years
For the ranking, the prices of more than 50 private label products in a randomly selected Berlin discount store were collected on March 23, 2022 and May 19, 2022.
Other products with strong price increases were
- Liver Sauces +18.35 percent
- Oatmeal + 16.95 percent
- Whipped cream + 14.49%.
- Toilet paper +14.49 percent
- and organic orange juice +14.39 percent.
At 7.9 per cent, the inflation rate in May was the highest in West Germany since 1973. Further price increases are expected in the coming months.
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