The vast majority of savers in Germany are preparing for further increases in prices.
89 percent assume that these will increase in the second half of the year, according to the representative survey of 500 financial decision-makers in private households published on Monday on behalf of Union Investment.
The majority (66 percent) believe that this is only slightly noticeable.
"The proportion of those who expect prices to rise sharply has reached a new maximum of 23 percent compared to previous years," it said.
In May the rate of inflation rose to 2.5 percent, the highest level in nearly ten years.
"The end of the corona pandemic is in sight, the associated easing is spurring the economy and increasing price pressure," said Union Investment Managing Director Giovanni Gay.
“These special effects are likely to subside again in 2022, however.
We expect that the inflation rate will then drop to a moderate level. "
Most of the respondents base their assessment on what they pay for their regular purchases in the supermarket (83 percent).
Around two thirds each also base their opinion on property and rental prices (68 percent) and gasoline prices (66 percent).
More than half of them take their picture of the price development from reporting in the media.
37 percent consult the development of their own credit balance.