Austrian Households’ Disposable Income Falls in 2023 Due to Inflation: Statistics Austria
The disposable income of Austrian households fell slightly in 2023 due to inflation. Although income rose by 7.6 percent in nominal terms, in real terms there was a decrease of 0.5 percent compared to the previous year, as Statistics Austria announced in a press release on Friday. Inflation-adjusted private consumption fell by 0.3 percent in … Read more