Financial expert: Germany is slipping in the European purchasing power comparison - GfK calculations show per capita income of 26,271 euros

According to a report by www.tagesspiegel.de Every resident in Germany has an average of 26,271 euros available this year. Disposable per capita income after taxes, social security contributions and transfer payments has deteriorated, and Germany has slipped to 9th place in the European purchasing power comparison. According to the market research institute GfK, Liechtensteiners have the greatest purchasing power at 68,843 euros per capita, followed by the Swiss with 49,592 euros and the Luxembourgers with 40,931 euros. The per capita purchasing power across Europe averages 17,688 euros. People in Belarus, Kosovo and Ukraine have the lowest purchasing power.

According to GfK, purchasing power per capita in Europe rose nominally by 5.8 percent compared to the previous year. However, this could not fully offset the high inflation. There are also strong regional differences within countries.