Higher household servicing expenses have avoided a significant decrease of inflation in Austria last month.State agency Statistik Austria found that a 3.3 per cent rise in energy prices and a 2.7 per cent increase of housing maintenance costs kept the annual inflation rate from declining more significantly than from 2.1 per cent in November 2009 […]
Prices for some of the most popular cigarette brands in Austria will increase from next year, it has emerged.Japan Tobacco International (JTI), which manages Austrian tobacco maker Austria Tabak, announced today (Weds) that its product range will get more expensive from next month. JTI said the unit price for a packet of Memphis, Smart, Camel […]
Motorists’ unions are infuriated as petrol prices continue to soar.Car club Arbö said today (Thurs) one litre of diesel fuel cost an average 1.138 Euros in Austria as of this morning.”This is the highest price in two years,” the body pointed out, adding that a further rise was expected for next year when mineral oil […]
A motorist association has called on the government to interfere in the Austrian mineral oil industrys price determination.Arbö criticised today (Mon) that one litre of regular car fuel was 4.5 Eurocent cheaper at a petrol station in Germany than at a station in the adjacent Austrian province of Salzburg despite higher mineral oil taxes in […]
Customers must brace for higher bread and pastry prices, bakers have warned.The Salzburg Bakers 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 […]
People heating their homes using wood pellets must brace themselves for higher prices this winter, it has been claimed.ProPellets Austria – a pellets producer interests association said today (Fri): “The price for one tonne of pellets normally increases by 10 to 20 Euros ahead of the winter season.”It explained that the current price was […]
Vienna is among the worlds top 25 cities in spending power, a global study has found.Swiss bank UBS announced today (Thurs) that Vienna had retained 24th place in its international spending power survey. The institute added that the Swiss cities of Zurich and Geneva were in first and second places, respectively, ahead of New York, […]
Soaring flat rent rates and car fuel prices have kept the Austrian inflation level from declining more significantly year on year than by just 0.2 per cent, new research has shown.State agency Statistik Austria announced today (Weds) the inflation rate was 1.9 per cent last month, down by 0.2 per cent compared to August 2009 […]
Verbund chief Wolfgang Anzengruber has said planned investments might be delayed due to the continuing debate over a capital increase.The government has been at odds for weeks over whether it should console the energy provider with 500 million Euros in an overall one-billion-Euro capital increase. The Austrian State holds a 51 per cent interest in […]
Camcorder prices have plummeted, an electronic consumer goods website reports.Experts from Geizhals.at, a price comparison platform, said today (Tues) camcorders were 27 per cent cheaper between April and June compared to the first quarter of this year.They added that prices for Blu-ray disc players dropped by an average 13.1 per cent in the second quarter […]