Increase of Austrians’ Purchasing Power

Politics ♦ 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…

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