Rauch’s reaction to the price hikes: “Detailed inspection will be done!”

by time news

2023-04-21 16:53:16

Vienna. A reaction to the hikes created by the inflation crisis came from the Minister of Social Affairs, Johannes Rauch (The Greens)!

Rauch said on Thursday evening on ORF’s “ZiB 2” program that various overlapping and mutually reinforcing crises, such as the Ukraine war, the energy crisis and inflation, are putting more and more people at risk of poverty. Rauch said he believed that “the welfare state, which has been struggling for decades in Austria, has prevented worse things from happening”. “Otherwise the risk of poverty would be three times higher” expressions were noticed.

Exorbitant price increases will be monitored

The green politician, in his speech in which he intimidated commercial enterprises that took advantage of the crisis, said, “I’m not the only one wondering what the 50 percent hikes are based on” said. Rauch, who expressed his desire to take active measures against high prices in supermarkets, said that as Minister of Consumer Protection, he will now talk to large retail chains “to clarify whether these price increases are really justified or if intervention is needed”.

Trade Union: Sector takes action to ‘reduce inflation’

In response to the minister’s statements, the Trade Association announced that the retail sector has been struggling with a real decline in turnover since the beginning of the year. Rainer Will, Managing Director of the Trade Association, said these figures show that “retailers are not prospering from the inflation crisis”. Will also specifically stated that the industry is taking action to “reduce inflation”. (yenivatan.at)


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