Increase Archives - The International

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.

Fasching, the traditional festival leading up to Easter, is marked by costume parties, parades and masked balls.

Despite the drop, residential properties in Austria remain 26% more expensive than before the Covid pandemic.

The country’s retail sector saw sales rise by 2.7% in nominal terms and 0.9% in real terms in 2024, reaching €77.2 billion.

Purchases of fresh organic food have risen by 5.5%, reaching a record 260,600 tonnes, with the total value hitting €1.1 billion.

The ÖAMTC points to the rise in oil prices as the main driver behind the increase and advises motorists to avoid motorway service stations.

The 8.6% unemployment rate means that 445,513 people were registered as unemployed or in training with the AMS in January.

The main contributors to inflation were the services sector, which increased by 4.7%, and energy, which rose by 3.7%.

In warmer climates, heat-related fatalities are set to become the leading cause of death, particularly in Southern and Central Europe.

The deposit on the classic 0.5-litre beer bottle will rise from 9 cents to 20 cents, effective from 2 February.