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Austria: Purchasing Power Shrinks Further
According to Generali insurance group, Austrians expect that their real income shrinks further.
Austria: Purchasing Power Shrinks Further / Picture: © Vindobona.org
Today, Generali has published a study on the Austrian purchasing power.
At the end of 2012, 22% of the Austrians had more disposable income than a year before. 28% of the respondents said that their disposable income was down.
Now, only 15% of the interviewees stated that their real income was up in the last twelve months. 32% of them said that their disposable income was…
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