Consumption Expenditures in Austria & Germany: New Evidence based on Transactional Data
Type
working paper
Date Issued
2024-10
Author(s)
Abstract
We analyze the novel transactional card expenditure data for Germany and Austria provided by Fable Data. We describe key features of the data in terms of the coverage of expenditure items, payment channels, and the distribution of expenditures across regions and time. We highlight strengths and limitations of the data by comparing them to more consolidated lower-frequency information from external data sources. We find very similar expenditure patterns in Germany and Austria. We illustrate the advantages of the granular, higher frequency information across expenditure items and locations by analyzing how consumption expenditures evolved during the COVID-19 crisis and beyond.
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Name
EWP-2402.pdf
Size
1.05 MB
Format
Adobe PDF
Checksum (MD5)
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