Austria’s Beer Prices to Rise Again in December
After an increase of approximately 3.6% at the start of the year, prices are now expected to rise by a further 3.4% in December.
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: Low Rents, High Property Prices
Municipal housing and older buildings help keep the average rent down to €10.50 per sq m, though prices for new rentals are higher.
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.
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.