Data & target groups

Purchasing power 2023 rises sharply

Once a year, we determine the forecast purchasing power for the whole of Germany. Nexiga calculates a per capita purchasing power of EUR 25,877 for 2023. This is a considerable EUR 928 or 3.7% more than in the previous year. At 4.6%, the increase in 2022 was even slightly higher.

Compared with previous years, the increase is nevertheless something of a comedown. Germans will continue to lose real purchasing power this year, at least on average.

Purchasing power lets us know many things....


The reason for this assessment: The cost-driven inflation triggered by the Ukraine war more than eats up this gain. The explosion in energy prices is still having an impact on production costs. And so it is not just gasoline, gas and electricity that have become more expensive. Major product groups such as fruit, vegetables and other foodstuffs have become up to 20% more expensive than in the previous year.


As energy products and food are highly volatile, the concept of core inflation was developed, which excludes these segments. This core inflation rate reaches a new high of 5.7% in February 2023. It therefore does not show any easing, but proves that inflation has also reached furniture, transport, gastronomy, culture and services of all kinds, as well as rents.


The adjusted inflation of 7.9% in 2022 was only half offset by wage increases including special payments. In 2021, Germans already suffered Corona-induced real wage losses (real loss of purchasing power). The basic data on this here.

NEXIGA Newsletter

Do not miss any more news and register for the NEXIGA Newsletter. Here you will be regularly informed about our software and solutions.