Inflation Rises to 3.3% in January
The main contributors to inflation were the services sector, which increased by 4.7%, and energy, which rose by 3.7%.
Austrian Inflation at 2% in December, Meeting EU Target
Although inflation in Austria had been slightly lower previously, the 2% rise still meets the EU’s stability goals.
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.
Pandemic and Inflation Blamed for Decline in Birth Rates
After initial uncertainty, the pandemic saw a brief rise in births by spring 2021 – but by November, the trend had reversed.
Union Calls for Pay Rise in Trade and Railways
Specific wage demands will be announced at the start of the negotiations, but this autumn’s focus is on industries like trade and railways.
Basic Grocery Prices in Austria Nearly Double Since 2021
According to the AK Price Monitor, penne pasta and flour are among the products that have seen the steepest rises, around 90%, while tea butter and sunflower oil have increased by approximately 64%.
Vienna Retail Sales Fall 2.2% Amid Inflation and Heatwave
Shops in the city have seen nearly €1.5 billion less in turnover compared to the same period last year.
Inflation in Austria Below 3% for First Time in Three Years
While inflation has eased in the food sector, “price increases in the gastronomy sector remain disproportionately high,” according to Statistik Austria.
Government Announces Pension Increase For 2025
Pensions in 2025 will rise by the statutory adjustment factor, which is expected to be between 4.5% and 4.7%.
Cheapest Grocery Prices Up 42% in Austria Since 2021
A Chamber of Commerce study found that Billa and Spar charge nearly 11% more for the same shopping basket than discount stores.
