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Austrian Purchasing Power on the Rise
In spite of the austerity package, disposable income is increasing. Last year, income was up by € 500 per head.
Austrian Purchasing Power on the Rise / Picture: © Vindobona.org
Due to the relatively low unemployment rate and the moderate wage increase, the average purchasing power rises by 0.6% in real terms this year. This is the outcome of a study by RegioData Research. In nominal terms, the average purchasing power increases by 2.9%. This means that every Austrian has € 500 more disposable income on average. Last year, disposable income was € 18,825 per…
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