Prices climbed by more than two per cent last month. Statistik Austria said yesterday (Weds) the inflation rose by 2.3 per cent, meaning that the average price of predicts and services on offer in Austria climbed to this extent from April 2011 to the same month of this year. This is the lowest rise since […]
Predictions that the Austrian inflation will decelerate this year appear to be correct. Products and services on offer in the country cost 2.4 per cent more last month than in March 2011. This increase followed a price jump of 2.6 per cent between February 2011 and February 2012. The annual inflation soared by 3.3 per […]
The Labour Chamber (AK) has criticised real estate managers over sharp price hikes. The organisation said yesterday (Weds) that rents for flats rose by 34.5 per cent on average between 2001 and 2010 while the inflation climbed by just 21 per cent at the same time. AK officials called on property dealers to stop charging […]
Three leading electricity providers have reduced their prices. The Austrian Energy Alliance – the distribution agency of Vienna’s Wien Energie, Lower Austrian company EVN AG and Eisenstadt-based BEWAG – said yesterday (Weds) it reduced the price for one kilowatt hour (KWh) of electricity by 3.3 per cent at the beginning of this month. The decrease […]
Almost one out of three Austrians plan to spend less next year. Insurance company Generali conducted a poll to find that 30 per cent of people residing in the small European Union (EU) and Eurozone member intended to tighten their belts in 2012. Seventeen per cent told the insurer they would cut back their holiday […]
Some of the most popular foodstuffs became significantly more expensive last month. Statistik Austria said yesterday (Weds) that dairy products became seven per cent more expensive from October 2010 to the same month of this year. Statisticians also consider eggs in this price group. The price of bread and meat rose by four per cent. […]
Hundreds of thousands of Austrians will be forced to fork out more on rent soon. Radio station Ö1 reported yesterday (Tues) prices would be increased for certain categories of contracts. According to tenants’ representatives, 300,000 households will feel the price hikes set to come into effect later this month or next month. They explained that, […]
Complaints by consumer protection groups that politicians should do more about “reckless” speculations triggering soaring foodstuff prices are unlikely to recede considering new inflation figures. Statistik Austria announced today (Thurs) Austrians had to fork out 3.3 per cent more on various products and services of daily life last month than in June 2010. It was […]
Consumer rights watchdogs have called on political decision-makers to take action as food is getting more expensive.Labour Chamber (AK) research focusing on the 41 most common products of daily life shows that Austrians are currently forced to fork out four per cent more for the same goods at supermarkets than in January. Flour price rates […]
Life keeps getting more expensive in Austria, figures presented today (Weds) show.Inflation rose by three per cent in February compared to the same month in 2010. This is the highest increase since October 2008 when the global economic downturn broke out. The price level soared by 3.1 per cent that month compared to October 2007.Last […]