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Press release 150 / 2018-04-26: Decrease of dwellings permitted from January – February 2018: –2.5%

Buildings permits for dwellings per month

As reported by the Federal Statistical Office (Destatis), the construction of a total of 49,400 dwellings was permitted in Germany from January – February 2018. Compared with corresponding period of 2017 this is a decrease of 2.5% or 1,300 dwellings.

More : Decrease of dwellings permitted from January – February 2018: –2.5% …

Current WISTA edition: Dynamic pricing on the internet

Frequent online shoppers will notice that the prices of some products change within short time intervals. This type of price-setting behaviour is referred to as dynamic pricing. Roughly 10,000 online prices are collected for consumer price statistics each month. Is it still possible for consumer price statistics to capture the representative price development and to take into account dynamic pricing?

In their article on Dynamic pricing as a challenge for consumer price statistics, published in the 2/2018 issue of our WISTA scientific journal, Christian Blaudow and Florian Burg report on the results of a study conducted in 2017 to examine the price-setting behaviour of online shops. Using web scraping, a technique for the automated collection of online prices, the study monitored products included in the consumer price index sample. It was found that web scraping is a sensible and efficient method to expand online price collection in future and to help ensure the quality of consumer price statistics.

Key figures

Population30.06.201782.7 mn
Persons in employment4th Quarter 201744.7 mn
Economic growth (GDP)4th Quarter 20170.6%
Inflation rate (CPI)March 20181.6%
Share in gross domestic product
Net lending20171.3%
Public debt201764.1%

Europe in figures

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Europe in figures features the wide range of data offered by the European statistical office (Eurostat) and enables comparisons between the EU Member States.

2017 Bundestag election

Logo: The Federal Returning Officer

The election to the 19th German Bundestag was held on 24 September 2017. Information on the election is provided on the website of the Federal Returning Officer.

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