KOHLS, Austria (Reuters) – Austrians will save an average of 4.4 euros ($5.8) a day per person this year, up from 3.7 euros last year, according to a Reuters poll released on Wednesday.
Kohls, the Austrian equivalent of the U.S. food marketplaces, said its survey showed that in 2019 the average household savings per household would reach 9.7 euro cents.
“Austrians will need to do more to save,” said Rohit Kohls, head of research at Kohls & Associates, the market research firm.
“The food sector is in the midst of a major adjustment.”
Kohles surveyed 1,500 people on February 14, 2019, asking them about their spending habits and spending habits in general.
The poll has a margin of error of plus or minus 2.4 percent.
Kohls’ survey found that consumers spend the most on food at 12.4 euro cents, compared to 12.1 euro cents in the same survey in 2019.
“The rise in spending is not due to an increase in spending by people in the public sector, it is due to the increase in food spending by private sector employees and businesses,” Kohls said.
Kuhls also said that consumers are also more likely to be overweight and obese.
Austrian households are more likely than Americans to be on food assistance and more likely not to have health insurance.
KOHLS said the average Austrian household spends 3.3 euro cents on food, compared with 3.2 euro cents for Americans.
Austria, like most European countries, has seen a surge in the number of people moving into food markets and supermarkets, as a result of the economic downturn.
The average Austrian now spends 3,000 euros ($4,400) on groceries each year, compared, for example, to 2,000 for Americans, according the survey.
In Austria, people are more concerned about the health of their family than the price of food, with 78 percent saying they were very concerned about food prices, the survey showed.KOHLs said its data showed that the average amount people spent per month on food was 7.4 Euro cents.