# #ViennaEconomy in the news

October 22, 2026 at 02:27 PM

> GPA Union Demands 3.8% Raise for Retail Workers · Vienna Food Prices Drop Nearly 10% in 2026 Audit · Vienna Faces Major Housing Shortfall for 2026

[GPA Union Demands 3.8% Raise for Retail Workers](<https://austriareport.com/article/gpa-union-demands-3-8-raise-for-retail-workers-a14993d1>)
*October 22, 2026 at 02:27 PM* - The GPA union has proposed a 3.8 percent salary increase and improved working conditions for 439,000 Austrian retail employees.

[Vienna Food Prices Drop Nearly 10% in 2026 Audit](<https://austriareport.com/article/vienna-food-prices-drop-nearly-10-in-2026-audit-3471b551>)
*October 14, 2026 at 02:19 PM* - A Vienna Chamber of Labour study shows basic food costs fell to 74 euros following a VAT reduction and significant drops in staple prices.

[Vienna Faces Major Housing Shortfall for 2026](<https://austriareport.com/article/vienna-faces-major-housing-shortfall-for-2026-26024e1d>)
*September 22, 2026 at 06:32 PM* - Vienna's housing completions are projected to drop significantly by 2026 amid a four-year contraction in the local construction sector.