Vienna (OTS/SK) – Statistics Austria printed the inflation fee for April nowadays and showed its flash estimate from the tip of April. At 3.5 p.c, inflation in Austria continues to be a lot upper than the Eu and Eurozone moderate. Costs for on a regular basis buying groceries have persevered to upward thrust specifically sharply. … Read more
The most important aid for the population and economy remains the fight against inflation Vienna (OTS/SK) – Vienna (SK) Added to the long list of negative economic data – inflation well above the Eurozone average, shrinking economic output for more than a year, rising unemployment since March 2023, the budget deficit in the first quarter … Read more
Vienna (OTS) – The government’s failure to combat inflation has a full impact on economic growth,” says SPÖ economics spokesman Christoph Matznetter on the WIFO’s announcement that it will have to revise growth forecasts downwards. According to WIFO boss Felbermayr, GDP growth will only be just above zero in 2024. This corresponds to the forecast … Read more
Vienna (OTS/SK) – The Court of Auditors has scrutinized the Austrian Business Agency (ABA), which was supposed to promote business relocations under the responsibility of ÖVP Economics Minister Kocher. SPÖ economics spokesman Christoph Matznetter summarizes the result as follows: “The ÖVP only sees austerity in Sunday speeches; from Monday to Friday the ÖVP burns tax … Read more
Inflation causes economic collapse – ÖVP practices voodoo politics and prepares blue and black Vienna (OTS/SK) – “Once again, economic data demonstrates the government’s failure in economic policy and in the fight against inflation. The current WIFO economic climate index shows that inflation has been and continues to be devastating for the Austrian economy. Austria … Read more
