Advertisement

consumer report

The annually conducted RegioData purchasing power analysis reveals significant differences in the development of wealth levels among European countries. Despite these disparities, it can be observed that the inhabitants of all European countries on average have more financial resources available today than they did five years ago.

In recent years, leisure expenditures and household income in Austria have changed significantly. Leisure activities like dining out and entertainment have gained considerable importance in the retail and real estate sector as well.

Consumer sentiment continued its positive trend of the previous months in May and improved further. This is according to the latest consumer barometer published by the German Trade Association (HDE).