Prices rise in August
Prices rise in Austria again. Inflation is at 3,2 percent in August. Energy and fuel cost more now. Prices rise in Germany too. The rate is 2,9 percent there. A war in Iran is the cause. This makes energy expensive everywhere.
Tax changes
Finance minister Markus Marterbauer makes new rules. Tax brackets in Austria rise by 2,27 percent. This happens in the year 2027. People pay no tax up to 13.846 euro. This is the basic allowance. The change helps people. They keep more money from work.
Interest rates might rise
Services cost more money too. Food prices stay mostly stable. Low tax on food helps here. Experts think high prices stay. The central bank wants to stop inflation. The bank raises interest rates soon. This makes money stable again.
