Shops in eastern Austria have reported that Hungarians are engaging in panic-buying of sugar.Several managers of supermarkets and groceries in the Austrian province of Burgenland told local media today (Thurs) that their stocks of the product were sold out due to recent developments.Branch experts explain that Hungarians have started to cross the border to purchase […]
Salaries in Austria will rise this year, according to an internationally operating personnel consulting firm.Aon Hewitt said today (Weds) Austrian businesses would pay three per cent more to their staff this year than in 2010. Aon Hewitt spoke with decision-makers at 42 Austrian firms of various branches. Aon Hewitt stated around half a year ago […]
The Austrian branch of fast food chain McDonald’s has said it will increase its prices.The company said today (Thurs) that the average price of its products which include whole meals like burgers with French fries but also wraps and coffee will increase by between one and 1.5 per cent this year.”There will be […]
Soaring mineral oil prices have led to a two per cent year on year inflation rise, it has been reported.State agency Statistik Austria said today (Tues) that the October inflation rate would have reached just 1.4 per cent had mineral oil products like car fuel not become 15 per cent more expensive compared to the […]
High housing costs and soaring petrol prices have accelerated the Austrian inflation rate.Statistik Austria announced today (Fri) that inflation in Austria rose by 0.2 per cent to 1.9 per cent in September compared to the same month of last year.The statistics body explained high car maintenance costs and rising fuel prices as well as expensive […]
Last month saw inflation rise at its most dramatic rate in more than one year, official figures released today (Fri) show.State agency Statistik Austria reported inflation rose by two per cent in March compared to the same month of 2009, the highest year on year increase since developments in November 2008.Soaring car fuel and heating […]