Austrians cut back on clothing and shoes as retail slows
Published
Fifty-nine percent of Austrian consumers are now cutting back on spending for clothing and shoes. Shoppers are holding back on purchases, which weighs heavily on the country's retail sector. Real spending in Austria is expected to grow by only 0.3 percent over the whole of 2026.
Clothing and shoe shops are directly affected by this drop in demand. Retailers and shoppers across the country both feel the effect of this weak spending growth.
The 0.3 percent figure is a forecast for 2026, so the actual result may differ. The forecast covers the full year, from 1 January to 31 December 2026.
Source: Shoez
Sources: www.shoez.biz
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