Food Prices Continue to Rise Rapidly

Politics ♦ Published: July 19, 2011; 23:59 ♦ (Vindobona)

Within three months, prices increased by more than 8%. The Austrian Chamber of Labor asked the government to take countermeasures.

Food Prices Continue to Rise Rapidly / Picture: ©

Food prices are showing a clear upward trend. The price of a basket of everyday consumer goods went up 8.2% within three months. This is the result of a price monitoring of 41 products in eight Viennese grocery and discount stores performed by the Austrian Chamber of Labor (AK) in June. AK’s president Herbert Tumpel argued that the government had to take measures against the massive…