Wolfgang Katzian, head of the Austrian Trade Union Confederation, called for setting a price ceiling "We need a maximum price electricity and price Gas"Katsian attributed the main reason behind the price hike to an increase in prices energy pricesHe called on the experts to quickly submit the necessary proposals.
For his part, Rainer Weil, General Manager of the Trade Union, warned of the current situation in the field of retailwhich he described as "tragic"And he announced that regarding 900 commercial companies and regarding 6 thousand stores are threatened with closure by the end of this year, in light of the current conditions, and indicated that the registration of industry sector There are more bankruptcies than the total number of registered bankruptcies in 2020 and 2021 combined.
Joseph Baumgartner, an economist at the Institute of "WIFO" For economic research, that raise tariffs Gas and electricity prices In September, it served as the strongest impetus for the increase in Austria’s inflation rate, Baumgätner said "Inflation has not yet reached its peak".
He pointed to the repercussions of the entry into force of the carbon dioxide pricing law, yesterday, Saturday, and the impact of the new carbon dioxide emissions tax on driving inflation and increasing fuel prices.
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The Austrian Statistics Office attributed the main reason behind the continued increase in the rate inflation in Austriato higher prices energy In addition to the increase in food prices, the data of the Austrian Federation of Trade Unions confirmed the increase in food prices and the increase in the cost of the basic shopping cart, which contains food and cleaning products, by 33.2 percent on an annual basis since September 2021.
Wolfgang Katzian, head of the Austrian Trade Union Confederation, called for a price cap to be set. “We need a price cap,” he said. electricity and price GasKatsian attributed the main reason behind the price hike to an increase in prices energy pricesHe called on the experts to quickly submit the necessary proposals.
For his part, Rainer Weil, General Manager of the Trade Union, warned of the current situation in the field of retailwhich he described as “tragic”, and announced that regarding 900 commercial companies and regarding 6 thousand stores are threatened with closure by the end of this year, in light of the current conditions, and indicated the registration of industry sector There are more bankruptcies than the total number of registered bankruptcies in 2020 and 2021 combined.
Joseph Baumgartner, an economist at the WIFO Institute for Economic Research, explained that raising tariffs Gas and electricity prices In September, it was the strongest impetus for the increase in the rate of inflation in Austria, and “inflation has not reached its peak yet,” Baumgätner said.
He pointed to the repercussions of the entry into force of the carbon dioxide pricing law, yesterday, Saturday, and the impact of the new carbon dioxide emissions tax on driving inflation and increasing fuel prices.
