Purchasing Power Parities 2011 from the Austrian Perspective

BusinessEconomy ♦ Published: May 27, 2011; 14:58 ♦ (Vindobona)

US travelling is cheap due to the strong euro. Austrians have high purchasing power advantages of around 50% in the Czech Republic, Slovakia and Hungary.

Purchasing Power Parities 2011 from the Austrian Perspective / Picture: © Vindobona.org

Austrian tourists gain best value for their money in the East European EU neighbouring countries. This was confirmed by the latest calculations of purchasing power parities by Statistics Austria. € 100 spent in Czech Republic, Slovak Republic or Hungary buy goods and services worth about € 150. In Croatia – an important tourist destination – Austrian travelers gain € 134 for…