East Germans Possess Less Buying Power | Business| Economy and finance news from a German perspective | DW | 06.07.2004
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East Germans Possess Less Buying Power

Residents of Potsdam have the greatest spending power of all towns in former East German states. In a study carried out by market research institute Michael Bauer Research in Nuremburg, the people of Potsdam were estimated to have an average €15,567 ($19,114) per capita of purchasing power. At the other end of the spectrum, residents in the town of Demmin in the state of Mecklenburg-Western Pommerania are looking at a sum of just €11,323. The cities of Dresden and Leipzig rank 4th and 22nd respectively in the spending table in the former East. Although citizens of Potsdam are big spenders compared to their contemporaries in the former East, they are positively tight-fisted in the overall picture of Germany, where they rank at place 309. Number one is the affluent district of Starnberg in Bavaria, where the average per capita spending power is €26,312.