In Germany people like to talk about money when they have bought something particularly cheap – but there is not much to tell at the moment. On the contrary, prices are skyrocketing, inflation in Hesse was 8.4 percent in May. If you factor out the sharp rise in energy costs since the beginning of the war in Ukraine, the figure is still 4.6 percent. This affects every consumer, but it also puts companies in impossible situations. Smaller businesses and medium-sized companies from the region will probably be happy at the end of this year if their balance sheet does not show a minus, because at the moment hardly anyone can do without reducing their profit margins about the rounds.
“I get at least two e-mails every day in which my business partners inform me of their price adjustments,” says Udo König, owner of the laundry company Waeschekoenig in Groß-Umstadt in southern Hesse. 62 tons of hotel linen and work clothes are cleaned in his company every week. Business has already suffered greatly in the two Corona years due to the lockdowns, König had to reduce his workforce from more than fifty to fewer than forty in the meantime.” And sales were just good again, the Ukraine crisis is around the corner, and it hits the same people again,” sighs the entrepreneur, who set up the business himself.
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