Austria

Consumer restraint affected the entire retail market in 2023, but appliances and electronics specialists was one of the categories most negatively affected.

Although disposable income slowly recovered in 2023 compared to repeatedly high inflation, consumers remained relatively frugal in their spending on apparel and footwear. Many made savings by opting for apparel or footwear and reduced their shopping…

After two challenging years due to the Coronavirus (COVID-19) pandemic, the recovery of apparel and footwear started in earnest in 2022, but retail volume sales did not return to the 2019 level. On the other hand, high inflationary pressure on…

Given the economic uncertainty at the end of the review period, Austrian consumers purchased fewer apparel accessories. While the boom in fashion face masks (“other” apparel accessories) ensured a positive retail volume growth performance overall in…

While sales of analgesics are seeing mid-single-digit growth in current value terms in 2023, sales have seen a steep decline in retail volume terms. The main reason for this disparity between value and volume growth in analgesics is the sharp rise in…