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Landeskreditbank Baden-Württemberg - L-Bank

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The following table shows the development of prices in Germany during each of the years indicated:<br />

Cost-of-living Index for all Households<br />

(changes from previous year in %, 1995 = 100)<br />

2004 2003 2002 2001<br />

Total ................................................................. 1.6 1.1 1.4 2.0<br />

Food .............................................................. (0.3) (0.1) 1.0 5.1<br />

Other consumer goods without energy ................................... 1.5 0.3 0.8 0.3<br />

Energy* ........................................................... 4.2 4.0 0.3 5.7<br />

Services without rents ................................................ 2.3 1.4 2.4 2.4<br />

Rents ............................................................. 1.0 1.2 1.4 1.2<br />

* Electricity, gas and fuel.<br />

Source: German Central <strong>Bank</strong>, Monthly Report February 2005, Table IX. 7.<br />

The following table shows information concerning wages and salaries in industry and commerce (including<br />

construction) in <strong>Baden</strong>-Württemberg for each of the years indicated:<br />

Wages and Salaries in Industry and Commerce<br />

2004 2003 2002 2001<br />

(monthly averages in EUR)<br />

Industry: .........................................................<br />

Gross weekly earnings ..............................................<br />

Blue collar, male ............................................... 644 628 614 606<br />

Blue collar, female ............................................. 471 461 449 441<br />

Industry and Commerce: ...........................................<br />

Gross monthly earnings ..............................................<br />

White collar, male .............................................. 3,984 3,889 3,775 3,688<br />

White collar, female ............................................ 2,760 2,677 2,587 2,516<br />

Source: State Statistical Office <strong>Baden</strong>-Württemberg, data on employment, available at www.statistik.badenwuerttemberg.de/ArbeitsmErwerb/Landesdaten/LRt1901.asp<br />

and …/LRt1902.asp.<br />

Employment and Labor<br />

Unemployment rates reached high levels during the 1980s and 1990s, exceeding 9% from 1994 on,<br />

compared to unemployment rates in the 1970s of between 0.9% and 4.7%. These high unemployment rates were<br />

due to a variety of reasons, including competition from inexpensive foreign products, computerization of<br />

factories and offices, the reunification of Germany and the effects of a world economic recession. The<br />

unemployment rate in <strong>Baden</strong>-Württemberg remains consistently lower than that of Germany as a whole. In<br />

December 2004 the unemployment rate in <strong>Baden</strong>-Württemberg was 6.3% (in thousands: 346), compared with the<br />

unemployment rate for Germany of 10.8% (in thousands: 4,464 in the same month. Since January 1, 2004, labor<br />

market statistics no longer classify unemployed persons who take part in suitability statement measures and<br />

training measures as unemployed. Using the same criteria, the unemployment rates for the previous years would,<br />

therefore, have been lower by approximately 0.2%.<br />

Source: Federal Labor Office, data on employment, available at www.pub.arbeitsamt.de/hst/services/statistik/<br />

detail/d.html, Arbeitslose - nach Ländern - Arbeitslosenquoten.<br />

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