Inflation in Austria: Economy hits vacationers and gastronomy hard!

Inflation in Austria: Economy hits vacationers and gastronomy hard!

Österreich - Inflation in Austria is still stable, while prices in gastronomy and tourism literally explode. Current values of statistics Austria show that inflation was 1.9 percent in November 2024, after 1.8 percent in October. The reason for these figures is falling costs for household energy and fuel, but the industry of tourism and gastronomy remains the country's largest price driver. According to an analysis of Today have to adjust to increasing costs.

The costs for winter vacation rise

The arrival costs have dropped, with a decline of 5.2 percent in petrol and 10.2 percent in diesel, but prices for accommodations, where holiday apartments have increased by 10.3 percent and private rooms by 7.4 percent. The costs for away meals also go through the ceiling: restaurants and cafés require an average of 5.9 percent more. For holidaymakers, the food in the Italian is now also an expensive fun, the prices for the lunch menu have increased by 9.6 percent.

In addition, the cost of ski rental was increased by 9.5 percent, while a ski service has even become 15.6 percent more expensive. Experts of statistics Austria emphasize that inflation would be 2.8 percent without the sunken prices for budgetary energy and fuels. With an average price increase of 6.0 percent, the gastronomy ensures additional pressure on the inflation rate, which is emphasized by the statement by Tobias Thomas, the general director of statistics Austria. This is clearly shown in the price development of accommodation services, which have weakened 5.7 percent compared to the previous year in November, but are still at the top of the inflation, such as Austria reported.

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