The economic mood in Germany is tense and this has not left DPD untouched. Germany boss Eric Malitzke has now revealed how bad the situation really is and what consumers will have to prepare for in 2023. Further price increases are imminent.
Inflation in Germany recently shot up to 10 percent – higher than it has been for 70 years. Record inflation and skyrocketing energy prices are making life difficult for consumers, who are saving everywhere. The new German stinginess is also being felt by the parcel service DPD.
DPD boss: Consumers refrain from spending on electronics and textiles
For the current year, Germany boss Eric Malitzke expects one significant drop in shipment volume. The minus could be a high single digit percentage. In 2021 DPD delivered 450 million shipments in Germany (Source: Spiegel)
Of the The reason for the decline is quickly identified: the poor consumer climate. “People are insecure and, when in doubt, prefer not to spend on things other than everyday needs, whether electronics or textiles,” says Malitzke. As a result, retailers and manufacturers would ship fewer goods. “The consumer climate is worse than when the pandemic broke out, and we are feeling the effects too.”
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Price increases announced for 2023
The DPD boss has bad news for consumers in Germany. Although the parcel service has already increased the prices, it stands 2023 another price increase in the house. DPD has to pass on increased costs for energy, fuel, wages and salaries to customers.
However, price increases should not be limited to DPD in the coming year. After all, other providers such as DHL, Hermes or UPS also have increased energy and personnel costs.
Once again it’s time to save, save, save! Stiftung Warentest recently explained how you can save up to 1,000 euros on electricity and gas.