Prices in upheaval: where to save and indulge in hand!

Prices in upheaval: where to save and indulge in hand!

Regensburg, Deutschland - The price development in Austria shows a mixed picture. Despite overall slow inflation, there were significant price increases for certain products. According to the analysis of the Geizhals.at price comparison platform, consumers had to dig deep into their pockets for perfumery products and household appliances in 2024, while multifunction printer became 30 percent cheaper. Energy storage and handheld game consoles have also become more affordable with a price reduction of 21 percent, as krone.at reported.

growth and decline in e-commerce

At the same time, the e-commerce sector shows significant changes. In 2023, the market recorded a drop in sales from 11.8 percent to 79.7 billion euros. This development is considered the first such acceptance for the German e-commerce economy due to increased production and energy costs as well as the effects of the Ukraine war. Nevertheless, the past few months have shown positive signals: online trading has easily recovered in the second and third quarter of 2024, which causes experts to look optimistically at the coming years. According to webstollen.de A long-term trend towards online purchases from Consumer Electronics such as smartphones and tablets is expected, while the market for television and entertainment electronics is under pressure.

Overall, it remains to be seen how these trends will develop. While the inflation can vary in Austria, e-commerce is faced with additional challenges that strengthen the competition in an already saturated market.