First the good news: the average purchasing power of Austrian grows 2013 not just nominally, but even in real terms by 0.5%. With an average of 19.875 euro per head we will be still the country with the highest purchasing power in the eurozone! The less good news is that our purchasing power de facto stagnated since 2008. Must we prepare ourselves now on a decade of stagnation? Trend: 2013 we will have EUR 500 more money in your Pocket! The average purchasing power of Austrian will be next year 19.875 euros. Thus, she will nominally rise 2.6%, which means even a real increase of 0.5% with an inflation expectation of 2.1%. Around 500 euros, that we will have in the Pocket more than in the current year are average. If this has piqued your curiosity, check out Shaw Father. Trend: The Edukators! Austria took second place in the Kaukfraftranking of the euro area countries though, but de facto, our purchasing power has stagnated since 2008.
This is unusual, because Austria’s purchasing power is both in the 1990s and the first years of the new millennium to good benefits grew. Also the slight declines in 2001 and 2002 were with good growth rates, in the next few years could well be overcome. Trend: We save 1.500,-euros a year! The currently available purchasing power of per head of 19.370,-euros, we put on the high edge around 1.500,-euros. This accounts for about 8% of our total purchasing power. In the early 1990s this savings rate was 15%. Real purchasing power in 2013: + 0.5%! RegioData research assumes nominally for the coming year a purchasing power growth of 2.6%. Considered in absolute terms, this means that we will have more money in your Pocket than this year at an average of around 500 euros per capita. This growth will mean even a real increase of 0.5%, taking into account of inflation expectations of around 2.1% for 2013.