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Lack of buying mood even on discount days

Summary by Kronen Zeitung
Despite the dampening consumer appetite due to inflation, domestic retailers are hoping for good business during the discount days imported from the USA to Europe at the end of November, “Black Friday” and the subsequent “Cyber Monday.” However, there are more signs of a decline in sales. According to a survey commissioned by the Federal Chamber of Commerce, Austrians surveyed only want to spend 195 euros per capita this year, instead of 215 eur…
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InflationInflation
AustriaAustria
Austria EconomyAustria Economy
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