SHARE
COPY LINK

COST OF LIVING

Milk, cheese and eggs by 19.5 percent: How food prices in Austria are rising

In August 2022, the inflation rate was at 9.3 percent, falling from the 9.4 percent registered in July, according to Statistics Austria, but the prices of certain items of food have rocketted.

grocery shopping spain prices inflation
Inflation on essential food items has risen in Austria. (Photo by JEAN-PIERRE MULLER / AFP)

“In August 2022, the inflation rate fell slightly for the first time since April 2021, but remains above the nine percent mark at 9.3 percent”, said Statistics Austria’s director general Tobias Thomas.

“The main reason for the slight decline was fuel prices, which fell by 10.4 percent compared to the previous month but remained the strongest driver of inflation year-on-year”, he added.

READ ALSO: From inflation to Covid: What to expect from Austria’s winter season

Higher costs for housing, water and energy (+13.8 percent; heating oil +106.6 percent, gas +71.0 percent) turned out to be the most important price driver, followed by transport (+16.8 percent compared to August 2021; including fuels +44.0 percent and used cars 24.4 percent).

The third most significant price driver was food and non-alcoholic beverages (+13.1 percent; food +13.0 percent). In particular, there were increases in basic food items such as bread and cereal (+12.8 percent). Milk, cheese and eggs also cost noticeably more, with a 19.5 percent increase.

The price of meat is up 14.3 percent, vegetables by 12.1 percent and  oils and fats by 30.1 percent. At least the cost of fruit has only risen by 3.1 percent in Austria.

READ ALSO: ‘Mission 11’: Austrian government reveals tips on how to save energy and fuel

Restaurants and hotels showed price increases of 9.9 percent.

“Without the current development of fuel prices, inflation would be 9.9 percent”, Thomas said.

“In contrast, the trend of rising prices for household energy, food and catering remained unbroken,” Statistics Austria Director General added.

READ ALSO: ‘I feel ripped off’: What it’s really like living in Austria right now

Social assistance

With high inflation and rising costs of living, Austria’s federal government has announced several measures looking to cushion the effects on the public.

From bonus payments to a cap on electricity prices, one of the most significant measures for the population is the one-off €500 payment known as the “climate and anti-inflation bonus”, or Klimabonus, for short.

The climate bonus payment should arrive to every person entitled (around eight million people) in the coming weeks.

READ NEXT:

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

ENERGY

Energy costs: Vienna to support 200,000 households with up to €500

The City of Vienna is expanding its group of homes that can receive an energy cost voucher by the end of the year. Here's what you need to know.

Energy costs: Vienna to support 200,000 households with up to €500

Austria’s capital Vienna is expanding a program to subsidise part of the energy bills of around 200,000 eligible households, the City said in a press release.

“Energy costs are difficult for many Viennese to cope with in the current situation. We are helping those who need the support most urgently – and we are doing so in a targeted manner by settling outstanding bills with energy providers”, City Councillor for Social Affairs Peter Hacker said.

The City has already agreed with state-run energy company Wien Energie that, from December 2022 to February 2023, no electricity, gas or heat shutdowns will happen – regardless of any payment issues.

READ ALSO: From lighting to ice skating: How Vienna plans to save energy

Now, a group of more vulnerable people can apply for Energy Support Plus to get up to €500 in aid with their energy bills.

The following people can apply online at wien.gv.at for Energy Support Plus: Recipients of Vienna minimum income (Bezieher*innen von Wiener Mindestsicherung), housing assistance (Wohnbeihilfe), AIVG benefits (AIVGLeistungen), a compensatory or supplementary allowance (einer Ausgleichs- oder Ergänzungszulage), GIS-exempt persons and low-income earners (GIS-Befreite und Geringverdienende) who are covered by the cost cap of the Renewable Expansion Act, those entitled to sickness benefit (Krankengeld), rehabilitation benefit (Rehabilitationsgeld), reintegration benefit (Wiedereingliederungsgeld) or transitional allowance (Übergangsgeld).

READ MORE: EXPLAINED: How to keep energy bills down in Austria

Applications can be submitted until December 31st, 2022. The maximum subsidy amount is €500 per household.

The service telephone of the Department for Social Affairs, Social and Health Law, is available at 01/4000-8040 for information and assistance with applications. Wien Energie’s customer service also offers personal assistance with the application process at Spittelau.

SHOW COMMENTS