Wednesday, April 13, 2011

Car costs are rising faster than cost of living

In the past twelve months, driving in Germany have risen by 4.2 percent. In contrast, the general cost of living has increased since March 2010, only 2.1 percent. The decisive factor for the sharp rise in prices is mainly the fuel prices, which rose by 11.2 percent. The car cost index, published quarterly, the ADAC in cooperation with the Federal Statistical Office is to ensure that in 116.2 points, the cost of living index at 110.3 points.

The purchase prices for new cars are compared to the same month last year climbed by 0.3 percent. All other significant items in the drivers-price index in spring 2011 have larger increases. Feel the need to pay more than a year ago, drivers for car insurance (+3.3%), spare parts and accessories (+2.9%) and repairs and inspections (+1.5%).

The driving school prices and license fees have increased (+1.4%). By car cost index, all prices are collected around the car. Live entertainment and car costs index was last set in 2005 on the underlying 100th (Ampnet / jri)

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