Austrians to Reduce Spending in 2012

BusinessEconomy ♦ Published: December 29, 2011; 18:27 ♦ (Vindobona)

Most people want to cut back on food and beverages, consumer electronics and holidays.

Austrians to Reduce Spending in 2012 / Picture: © Vindobona.org

One out of two Austrians is planning to reduce their spending next year, especially for food and beverages, consumer electronics and holidays. This is the result of a survey published by the Upper Austrian opinion research institute “market”.

Telephone interviews were conducted with 400 respondents representative of the Austrian population over 15 years of age between…