Alquileres subiendo

Key facts about German inflationary pressures:

The number of employed people has risen by 1.2% in 2012, this growth rate was even bigger in 2011 and 2010.
In a number of German cities, rising rents caused demonstrations and conflicts. In Stuttgart, rents for existing contracts cannot rise quickly by law (except when they get renovated), rents for newly built flats increased by 13.6 and for renovated ones by 11%. Berlin shows even higher rent hikes.
For nearly two years, strikes at German airports have been frequent, both security and flight personnel achieved salary hikes.
A minimum wage debate has even affected the usually employer-friendly FDP party.

Only the weakening demand in Asia and other parts of Europe as well as lower gas prices, have helped to reduce the German CPI temporarily to 1.6%. Weaker demand and higher salaries have eroded margins of many German companies. For us this is a sign to be cautious with investments in German exporter stocks.

Suben los precios, los alquileres, los sueldos, la inflacion en minimos.

Esto deberia de llevar en el futuro a inflacion y a debilidad en las exportaciones, bueno en el corto y medio plazo, mucho ojo en el largo plazo.