Increase in household final consumption expenditure due to green rebate for cars in 2009
WIESBADEN – Purchases of motor vehicles, which were promoted by a green rebate, made a considerable contribution to domestic demand in Germany in 2009. As reported by the Federal Statistical Office (Destatis), households in Germany spent some Euro 73 billion on purchasing new or used motor vehicles. Compared to 2008, this was an increase of one fifth (20.5%). The total final consumption expenditure of households rose slightly by 0.4% in 2009 on 2008. Without the purchases of motor vehicles, household final consumption expenditure would have been down by 0.5% in purely mathematical terms.
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