Tag: Economic news
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Flash estimate: inflation fell to 2.4 percent in August
According to a flash estimate by Statistics Austria, inflation in Austria fell to 2.4 percent in August. It was at its lowest level since...
Deal desperate – “Shoes for 8 euros! This is a catastrophe.”
Shoes delivered directly to your home in Vienna-Favoriten for eight euros: “This is a catastrophe. This development will destroy our quality of life!” With...
1.9 percent in August – German inflation back below two percent mark
Inflation in Germany fell below the two percent mark for the first time in about three and a half years in August. Falling energy...
Habits have changed: people spend more money on fun and relaxation
People's habits are changing and so is their consumer spending. For example, products such as clothing, shoes and electronics are losing some of their...
Outlier in the field of gastronomy: inflation remained stable at 2.9 percent in July
Inflation in Austria remains high at 2.9 percent in July. Food inflation has declined and housing costs have stabilized. Gastronomy remains the price-determining factor.“The...
