Table 3 Changes in consumer prices in selected industries highly affected by the minimum wage from 2014 to 2016
From: The effects of the new statutory minimum wage in Germany: a first assessment of the evidence
Product or service | Price change, as percentage | Share in Harmonised Index of Consumer Prices, as percentage |
|---|---|---|
Taxis | 15.3 | 0.12 |
Passenger transport on ships | 11.9 | 0.07 |
Newspaper and magazines | 10.1 | 0.66 |
Postal services | 7.0 | 0.24 |
Restaurants, cafés etc. | 7.0 | 2.99 |
Staff cantine etc. | 4.1 | 0.43 |
Accomodation services | 3.8 | 1.04 |
Fitness Center | 2.3 | 0.12 |
Bakery products | 2.1 | 1.74 |
Consumer price index (on average) | 0.8 | – |