Private Consumption of Austrians Increases

BusinessEconomy ♦ Published: November 17, 2010; 14:27 ♦ (Vindobona)

After the crisis of 2009, in which private consumption stagnated, expenditure on consumption rises massively again. The growth rate is 4.2%,

Private Consumption of Austrians Increases / Picture: ©

In Austria, an average of € 36,026 per household are spent on private consumption: an increase of 4.2%. The business consultancy RegioPlan reached these results in a recent study. The increase in actual consumption is actually lower, as the extra expenditure in fact decreases because of more expensive fuel.

In contrast, a significant decline in spending is recorded for…