Footstuff price hikes fuel inflation

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Business

Flight tickets, coffee and heating oil have become more expensive in Austria, new figures show. Statistik Austria announced today (Thurs) the inflation rose by 3.2 per cent from May 2010 to the same month of this year. The agency explained mineral oil products and foodstuff price hikes were mostly responsible for the overall increase of […]

Oil sales in decline

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Business

Austrians are buying less heating oil amid soaring prices, new figures show.The Institute for Economic Oil-Heating (IWO) announced today (Fri) private and business clients bought 1.7 billion litres of the product last year. The organisation explained this was a 0.6 per cent decline compared to figures from 2009.The IWO said it has been registering a […]

Car expenses outpace food spending

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General News

Austrians are forking out more on their cars than on food, new figures show.Statistik Austria said today (Weds) that 12.1 per cent of an average household’s overall expenditure were invested in foodstuff, while 15 per cent are soaked up by costs affecting cars and motorcycles. With 12.8 per cent, investments on leisure activities are also […]

Power cut at biomass plant

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General News

Around 300 households were without heating for several hours Wednesday night after a short circuit at a biomass heating plant in Vorarlberg.Firemen in the town of Lech said today (Fri) that an electrical short occurred at the facility after a device overheated. Thirty fire-fighters and 10 engineers managed to get the situation under control.The plant […]

Vienna undertakers use cremation heat

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General News

Canny undertakers in Vienna are planning to use the heat loss of cremations to heat their new headquarters.The city government-owned Bestattung Wien undertaker company said today (Fri) that its new main office at the Viennese Central Cemetery (Zentralfriedhof) in Simmering district will be heated with waste heat produced from cremations carried out at the adjacent […]

Wood heating up to 10 times cheaper than using electricity

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Business

Electricity heating can be 10 times more expensive than wood heating systems, according to an investigation.Consumer information magazine Konsument revealed wood chip heating costs 1.99 Eurocents per kilowatt hour (kWh), while electricity-powered heaters can cause expenses of up to 18 Eurocents per kWh.The monthly magazine stressed extra costs for transportation and storage of wood chips […]

Vorarlberg not upping heating subsidy

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Business

The provincial government of Vorarlberg has decided not to raise the heating subsidy sum for the upcoming winter.People’s Party (ÖVP) councillor Greti Schmid announced today (Tues) that the government will support needy households with 250 Euros this winter, the same amount it provided last year.This means that local political decision-makers will not take inflation into […]