Austrian Euro abroad in 2019: highest purchasing power in Eastern and Southern Europe; Turkey best value-for-money holiday destination
(World News Austria)

Press release: 12.045-111/19 Vienna, 2019-06-24 - Austrian tourists still get most value for their money in Eastern and Southern Europe, as Statistics Austria`s latest calculations of purchasing power parities and price levels confirm. For EUR100 earned in Austria tourists may buy comparable touristic goods and services that are significantly more worth in Bulgaria (EUR213), Romania (EUR191), Hungary (EUR169) and Czech Republic (EUR166). This is due to the combined price level and exchange rate effect. In Italy - still Austrians` most favoured holiday destination - travellers receive a value of EUR110 for an equivalent touristic basket of goods and services. Among a set of 28 analysed countries Austrian...