Article Tools

Increase of Austrians’ Purchasing Power

Published: December 7, 2010; 21:55 · (Vindobona)

Despite higher taxes and lower benefits, the purchasing power of the Austrian people will grow in 2011 by an estimated 2.6%.

Increase of Austrians’ Purchasing Power / Picture: © Vindobona.org

The increase of purchasing power calculated by RegioData of 2.6% for next year represents a value of 450 euro per capita. After deducting the inflation, i.e. in real terms, the purchasing power increase will amount to 0.6%. Per Austrian, the average purchasing power amounts to € 18,200 a year. Austria is in 5th place in Europe in this respect.

These values are still more…

This article includes a total of 214 words.

or Log In

Fast News Search
Related News
The Budget is Finally Set (November 30, 2010)
EU Growth Forecast: Austria Slightly Over Average (November 30, 2010)
Private Consumption of Austrians Increases (November 17, 2010)
Austria´s Economy: Recovery Accelerates (November 15, 2010)
High Demand for Minimum Benefit (November 15, 2010)
New Budget: Details and Reactions (October 25, 2010)
IMF - Austria to save on expenses (June 29, 2010)
Read More
Private Consumption, Retail Industry, Public Debt, Taxation, Income, Purchasing Power, Consumption, Energy Industry
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter