Linz AG slashes prices as average household must fork out more

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Business

An Upper Austrian electricity provider has lowered its rates while the average Austrian household energy costs have jumped.Linz AG announced today (Mon) it lowered its consumer prices by 1.4 per cent as of 1 January. The company said this decision means its customers will save an overall one million Euros this year.The firm, which claims […]

Bread price hike ahead

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Business

Customers must brace for higher bread and pastry prices, bakers have warned.The Salzburg BakersÂ’ Association announced today (Tues) that a “disastrous” harvest has led to an immense increase of flour trade rates.The body also named global speculators as responsible for a 300 per cent price hike for cocoa and a 70 to 80 per cent […]