Austrian Purchasing Power Stagnates

BusinessEconomy ♦ Published: November 29, 2012; 15:54 ♦ (Vindobona)

Next year, the purchasing power will only grow by 0.5%, the Austrian market research institute RegioData Research says.

Austrian Purchasing Power Stagnates / Picture: ©

At the moment, Austria´s purchasing power is the second-highest in the Eurozone. However, the purchasing power has barely changed since 2008.

On average, the purchasing power comes at 19,875 per head in Austria, RegioData says. In the Eurozone, only Luxembourg´s (€ 30,000) purchasing power per head is higher. Wolfgang Richter, CEO of RegioData explains that this is no reason…