Austrian Energy Prices Climb 12.8% in January 2025
Compared to January 2024, households are now paying around 35.5% more for electricity.
Austrian Real Estate Transactions Fall by 0.7%, Vienna Up 16%
The transaction volume for property purchases in 2024 decreased by 0.7% to 24.1 billion euros.
New Austrian Economy Minister Announces Key Reform
Austrian Economy Minister Hattmannsdorfer vows to stop industrial relocation and boost the economy with faster measures, including tax-free employee bonuses.
Austrian Post to Raise Postal Rates Starting in May
Starting in May, the price for the smallest letter format will increase from €0.95 to €1, and next-business-day delivery will cost an additional 30 cents for all formats.
Austria’s Service Industry Reacts to New Charges on Tips
“Tips must remain exempt from taxes and contributions,” demanded Mario Pulker, head of the WKÖ Gastronomy Department.
Inflation Rate in Austria Rises to 3.3% in February
Compared to January, prices increased by 0.6%.
The Austrian Schilling Turns 100
The Austrian Schilling was the official currency from 1925 to 1938 and from 1945 until the introduction of the Euro.
Almost All Austrian Households Bought Cosmetics in 2024
Industry platform Kosmetik transparent reported that, on average, shoppers made two purchases per month, spending around €10 per transaction.
Austrian Beer Industry Grows in 2024
Production in 2024 rose by 1.1% to 10.09 million hectolitres, despite “consumer reluctance to spend” amid high inflation.
Counterfeit Banknotes Rise by 30% in Austria
The €50 banknote was the most commonly forged, with 4,258 notes (41.7%) seized, followed by the €100 and €20 notes.