Inflation is falling in federal states – in Hesse it is only 1.6 percent

Fewer companies are planning to raise their prices, especially in consumer-related industries. There were declines in price expectations in retail and gastronomy, but there were slight increases in hotels and tour operators. In the construction industry, price expectations fell to minus 10.6 points, after minus 6.2 points in February. “Accordingly, the majority of companies even want to lower their prices,” say the Ifo researchers. In the manufacturing sector, only a small majority of companies surveyed want to raise their prices, according to the institute.