Austrian food retail growing in real terms

The trend in Austrian food retailing turned to positive. Last year, turnover increased in real terms, compared to the previous year.

While average prices increased by only 0.2 percent in 2009, the Austrian subsidiary of Nielsen measured a plus 2.1 percent at retail sales. In 2008, beside 6.2 percent increase of the average prices, retail revenues grew by only 4.2 percent.
Almost all of the companies increased their commercial revenues last year. Food sales in Austria – as measured by Nielsen – reached 7.9 billion euros last year, while the household products and cosmetics turnover reached 2.1 billion euros.