Inflation in Austria was at 3.2 percent in January and February. Due to rising energy and electricity prices as well as new fees, taxes, and price increases, the inflation rate could rise again.

Internet and Mobile Tariffs More Expensive from April

From April 1, 2025, internet and mobile tariffs will increase by 2.9 percent. After last year's increase of 7.8 percent, this means an additional monthly burden of 25.75 euros for an average three-person household with three mobile contracts and an internet connection compared to 2020 - that's 309 euros per year.

Tax Increases on Cigarettes and Betting

The tobacco tax will be raised, making cigarettes on average 0.30 euros more expensive per pack. For tobacco heaters, price increases of up to 0.50 euros are possible. Additionally, the betting fee will be increased from 2.0 to 5.0 percent.

Changes in Energy and Mobility

The VAT exemption for smaller PV systems is eliminated, and electric cars lose their exemption from the motor-related insurance tax. The latter can lead to additional costs of up to 400 euros annually.

Positive Development in Rents

Good news for tenants: The planned increase for category and reference rents is suspended. From 2026, the increase will be limited to 1.0 percent and from 2027 to 2.0 percent. This affects over 300,000 households in old buildings.

Economy Minister Hattmannsdorfer announces legislative changes aimed at reducing network costs. These measures are particularly important as electricity prices have risen by up to 45 percent since the end of the electricity price cap.

(Red)

This article has been automatically translated, read the original article here.