Ifo survey: Companies apparently want to pass on energy costs

TVS News AI, editorially supervised, presents Ifo survey: Companies apparently want to pass on energy costs.

Rising energy costs are putting German companies under pressure — and many are apparently preparing to pass on the higher expenses directly to their customers. That's what a current Ifo survey shows, as reported by Handelsblatt.

For you as a consumer, this means: Higher energy costs that companies pass on have a direct impact on your spending on products and services. According to the report, the Ifo Institute expects an inflation rate of more than three percent.

What did the Ifo survey find?

The survey makes clear: Energy costs are a growing issue for many companies. Rather than absorbing the additional costs themselves, numerous firms are planning to pass them on to end customers.

What does this mean for inflation?

When companies pass on their higher energy costs to consumers, this further fuels inflation. The Ifo Institute therefore sees an inflation rate of more than three percent coming for Germany — with direct consequences for your wallet.

What you can watch for now

A survey only provides an overview of the situation in individual industries. How strongly the pass-through actually plays out depends on company by company and sector by sector. Watch price developments closely to avoid surprises in your everyday life.