The strong rise in consumer prices continues in Austria. During the last few months the rate of inflation hovered around 3.5 percent and was markedly above the OECD average. In a comparison of inflation rates among industrial countries, Austria is doing very poorly and is now ranked 15th, after...

The acceleration of inflation in the OECD area since mid-1988 has prompted monetary policy in a number of countries to adopt a more restrictive stance. Over the last two years upward pressure on prices abated under the impact of falling raw material prices and decelerating wage increases....

Labor costs in Austria's manufacturing industry are among the highest in the OECD area, exceeding the EU average by almost 20 percent. The average figure for labor costs masks, however, substantial variation between manufacturing branches. The remuneration for blue-collar workers and for...

The Statistical Office of the European Communities (Eurostat) in collaboration with the statistical offices of the member states and of some other countries has carried out price surveys for several years. In addition to providing information on price differentials, these surveys form the basis...

Throughout most of the post-war period, the fight against inflation was one of the most important tasks of economic policymakers. For some months now, with ample spare capacity in major advanced industrial countries and inflation receding in the wake of the fall of oil prices, some commentators...

Der Preisauftrieb war in Österreich 1992 und 1993 stärker als in den meisten OECD-Ländern. Trotz der Konjunkturschwäche und sinkender Rohstoffpreise erreichte die Inflationsrate 1993 3,6% und lag damit nicht nur erheblich über dem OECD-Durchschnitt, sondern war auch höher als in den...