The inflation monster is growing in Austria: It reached 9.8 percent!

2023-05-02 13:51:12

Vienna. While Austria continued its fight against inflation, the increase in inflation gained great momentum in April!

Consumer prices increased by 0.8 percent compared to the previous month. Tobias Thomas, Managing Director of Statistik Austria, „Inflation is increasing in entertainment, travel and services“ said. However, fuel and heating oil prices are still lower than they were a year ago, Thomas said on Tuesday.

The Harmonized Index of Consumer Prices (HICP) increased by 9.6 percent in April compared to the same month of the previous year. Compared to March, the previous month, HICP increased by 1.0 percent according to leading estimates. (yenivatan.at)