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.
Austria to Limit Low-THC Cannabis Sales and Impose Tax
Smokable cannabis with low THC levels can now only be sold in tobacconists (Tabak-Trafik shops) and will be subject to a 34% tax.
Austrian Small Businesses See Drop in Sales and Profit
Due to financial pressures, 28.6% of businesses, especially in manufacturing and construction, have reduced their workforce in the past six months.
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.