Start of school costs young families dear

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General News

Parents of first-formers are bracing themselves to spend hundreds of Euros in the coming weeks, a poll has shown. Public opinion agency Integral announced today (Weds) people whose kids started school next month were expecting to fork out 400 Euros on various goods such as writing utensils and schoolbags. The agency pointed out that a […]

‘Modest’ milk price hike ahead

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Business

Dairy industry representatives have hit back after the Labour Chamber (AK) voiced suspicions of an “extra Vienna price hike” for some products.The AK announced earlier this week it found that many foodstuffs including dairy products cost exorbitantly more in Munich, Germany, than in Vienna. The cities are often compared in various regards due to their […]

Ice cream price hike predicted

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Business

Sweet-toothed Austrians have been dealt little mouth-watering news.Economy Chamber (WKO) Silvio Molin-Pradel announced today (Fri) ice cream parlours in Austria will charge around 20 Eurocents more for a small cone this summer. Molin-Pradel explained businesspeople of the trade decided to react to rising foodstuff prices as the trade rates for cocoa, hazelnuts and other products […]

Easter delicacies under scrutiny

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Business

Food hygiene inspectors across Austria are swarming out to take a closer look at Easter market offerings.Officials said today (Thurs) checks on stalls at popular markets will especially focus on the quality of products like ham and egg.Businesspeople are currently offering souvenirs and food at hundreds of Easter-themed markets in all nine provinces of Austria.News […]

Car expenses outpace food spending

Categories
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 […]

Food prices soar beyond inflation rate

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Business

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 […]

Fairtrade food boom registered

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Business

More and more Austrians are picking fair-trade products, new figures show.Fairtrade Austria said today (Thurs) shops across the country generated a turnover of 87 million Euros by selling products from its portfolio last year, up by 21 per cent compared to 2009.The organisation explained bananas have been the most popular foodstuff in recent years. The […]

RHI earnings up sharply

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Business

Viennese technology and fireproof products maker RHI AG achieved earnings of nearly 140 million Euros last year.The company – which presented preliminary annual figures earlier this month – said today (Tues) its earnings before interest and taxes (Ebit) soared by 75.7 per cent to 138.8 million Euros from 2009 to the following year. RHI added […]

Hungarians buy sugar in bulk

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Business

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 […]

PMI tops Austrian tobacco sale chart

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Business

Philip Morris International (PMI) is the new number one on the Austrian tobacco products market, as figures presented today (Fri) show.Research group AC Nielsen said the American company held a 35.5 per cent share in Austria, while 34.5 per cent of cigarettes sold in the country in 2010 were products of Japan Tobacco International (JTI). […]