Inflation in Germany pushes up poverty level, and vulnerable groups are under pressure
The annual report released by the German Equality Welfare Federation on April 29 local time showed that the high inflation faced by Germany in 2024 further aggravated social poverty, the size of the poor population expanded, and the living conditions of some groups continued to deteriorate. The report pointed out that Germany's poverty rate rose to 15.5% in 2024, an increase of 1.1 percentage points from the previous year, equivalent to about 13 million people living below the poverty line in the country. Among them, single-parent families, young people and elderly women are particularly affected. At the same time, there are significant differences in poverty between Germany's federal states. The poverty rates in Bremen, Saxony-Anhalt and North Rhine-Westphalia are significantly higher than the national average. In Bremen, nearly a quarter of the population lives below the poverty line. According to the report, there are still more than 5 million people in Germany who are in a state of "severe material shortages" and find it difficult to afford daily necessities such as heating and replacement of basic clothing.