A record inflation of around ten percent makes a lot of Viennese sweat. But the actual price increases are much more dramatic.
The shopping cart may be half empty, but the bill will be many times higher than it was a few months ago. This is currently the reality when shopping. After more than two years of pandemic, the current energy crisis and the inflation that comes with it, many Vienna simply cannot afford it anymore. The rush to social markets and pawnshops underlines this.
Extremely increased load
But inflation of around ten percent does not reflect the full extent of the misery. The current figures of the Vienna Chamber of Labor are especially impressive. The prices of certain product groups are regularly analyzed for the monitor.
“We research both branded items and the usually cheapest offers. It doesn’t matter which supermarket chain it is. Online stores are also being scrutinized. And the studies show that prices have skyrocketed,” said Manuela Delapina of the Vienna Chamber of Labour. Within a year, popular grocery and drugstore items have risen, in some cases by triple-digit percentage points.
Cheap products often not in stock
For example, the Chamber of Commerce found a price increase of 194 percent for cheap sunflower oil or an increase of 118 percent for cheap flour (see chart). Delapina: “The problem is that many cheap goods are unfortunately often unavailable or sold out at the moment. So people can only go to the more expensive products.”
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
