Electricity and Gas Network Fees to Rise Sharply in 2025
The highest gas network costs will be in Vienna, at an expected 2.73 cents per kWh.
Chocolate Prices Are Rising
Despite rising prices, cocoa farmers and their families in the region are facing significant challenges
Russia Stops Gas, Nehammer: ‘No Austrian Home Will Freeze’
However, Austria’s gas storage facilities are currently 93% full, including strategic reserves
Austrian Retail Sector Hopes for ‘Christmas Miracle’
Austria’s retail sector continues to be heavily affected by the cost of living crisis despite a recent decline in inflation.
Austrian Industry, Labour and Health Groups Call for Reforms
The Federation of Austrian Industry, Chamber of Labour, and League for Child and Youth Health say that Austria needs far-reaching change.
Consumers in Austria to Spend Less on Christmas Gifts
Most shoppers plan to spend between €100 and €499 for Christmas gifts, with popular presents including vouchers, toys and shared experiences.
ÖNB Warns of Rising Commercial Property Risks
From the middle of next year, banks will need to keep more capital on hand if they have loans in this area, the OeNB said.
Empty Shops Becoming More Common Across Austrian Cities
Industry experts warn that these vacancies are being driven by shifts in consumer behaviour and rising rents.
Public Service Union Protests Government’s Wage Talk Refusal
Public sector representatives and staff councils have been asked to hold workplace meetings starting the week of November 18 to discuss the situation and potential actions.
Austria’s Economy to Grow Slower Than Eurozone Until 2029
In light of weak economic growth and a worsening budget balance, Wifo Director Gabriel Felbermayr stressed the urgent need for action