About analyses
„In the "Analyses" series, we offer you detailed studies on current economic policy issues related to Austria“
In the summer of 2026, the holiday euro will be worth 9 percent more abroad than in Austria
- Measured by purchasing power at home, you can get goods and services worth 109 euros for 100 euros abroad on holiday
- Among the most popular holiday destinations, you will receive the most in Portugal in summer 2026, around a third more than in Austria
- In Spain, Hungary and Turkey, the value of the holiday euro is also significantly higher than in Austria at around a quarter
- In Greece and Slovenia, you get around 20 percent more than in Austria. You can get a little more in Croatia and Italy
- Holidaymakers in France, Canada or Germany receive a similar amount as in Austria
- Compared to the summer of 2025, the relative value of the Holiday Euro abroad has decreased slightly. The value of the holiday euro fell particularly sharply in Türkiye and Hungary
- This year, thanks to the strong euro, the holiday euro is worth more than last year in Canada, the United Kingdom and the USA
as of June 2026.
The affordability of home ownership improved in 2025 for the third consecutive year
- Following the decline in residential property prices in 2023 and 2024, property prices rose slightly in 2025
- Thanks to a rise in net incomes of over 3.5 per cent, the affordability of residential property improved for the third consecutive year in 2025, despite residential property prices rising by 2.6 per cent
- However, compared to 2010, affordability – that is, the ratio of net income to property prices in Austria – has deteriorated by 20 per cent
- Affordability has fallen in all federal states in a long-term comparison, but regional disparities have increased
- As a result of the long-term decline in affordability, demand for rental properties has risen, triggering a rise in rents above the rate of inflation. This trend is set to continue in the coming years
- A further rise in property prices is expected in 2026/27, roughly in line with general inflation
Analysis Residential real estate market (PDF)
as of May 2026.
EU-India trade agreement: The impact on Austrian industry
- India is a large growth market with 1.4 billion people
- In 2024, Austria exported goods worth 1.3 billion euros to India, with an import volume of 1.5 billion euros
- Particularly strong relief expected for exports of motor vehicles and machinery due to the elimination of customs duties
- The industrial strongholds of Upper Austria and Styria would benefit more than average from an agreement
- The agreement could lead to an additional 650 million euros in added value in industry and 5,000 new industrial jobs over the next few years
Analysis EU-India trade agreement (PDF)
as of January 2026.
2026
Analysis Holiday euro (PDF) (June 2026)
Analysis Residential real estate market (PDF) (May 2026)
Analysis EU-India trade agreement (PDF) (January 2026)
2025
Austrian tourism (PDF) (October 2025)
EU-Mercosur-agreement (PDF) (September 2025)
Property prices (PDF) (August 2025)
Analyse Holiday euro (PDF) (June 2025)
Analyse The regained purchasing power is not yet perceived (PDF) (April 2025)
Tariff shock from the USA (PDF) (April 2025)
2024
Labour market in Austria (PDF) (November 2024)
Austria's world market share (PDF) (July 2024)
Competitiveness (PDF) (July 2024)
Holiday euro 2024 (PDF) (June 2024)
Analysis of tourism revenue (PDF) (May 2024)
Real Estate prices (PDF) (February 2024)
2023
Construction industry (PDF) (August 2023)
Housing affordability (PDF) (August 2023)
Tourism in Austria (PDF) (October 2023)
Working time (PDF) (June 2023)
Holiday euro 2023 (PDF) (May 2023)
These publications do not constitute investment advice, investment recommendations, marketing communications, or financial analysis. In particular, they are not an offer or solicitation to buy or sell securities and do not constitute a solicitation to make such an offer. They are intended solely as initial information and are no substitute for advice based on the individual circumstances and knowledge of the investor.
It is an analysis based on publicly available economic data. Despite careful research and the use of reliable sources, no responsibility can be taken for completeness, correctness, timeliness and accuracy.
Any investment in securities involves risks. The value of the investment and the income from it may fluctuate suddenly and substantially and therefore cannot be guaranteed. There is a possibility that the investor will not get back the full amount invested, particularly if the investment is held for only a short time. In some circumstances, a total loss is also possible.
Possible (return) payments from the product may not protect investors against inflation risk. There can be no assurance, therefore, that the purchasing power of the capital invested will not be affected by a general increase in the prices of consumer goods. Figures and information on performance refer to the past and past performance is not a reliable indicator of future results.
Only in the context of an investment advisory service can UniCredit Bank Austria AG take into account the personal circumstances of the customer (investment objectives, experience and knowledge, risk appetite, financial circumstances and financial loss tolerance) and carry out a product-specific suitability test.
We would like to point out that the tax treatment depends on the personal or company circumstances of the investor and that the information on tax advantages is provided on the basis of the current legal situation, which may be subject to future changes and for which no information can be given as to whether they will be continued.
