Austria: Inflation at Lowest Level in Three Years

Business › Economy ♦ Published: November 15, 2013; 12:21 ♦ (Vindobona)

Inflation rate in Austria decreased to 1.4 percent.

Austria: Inflation at Lowest Level in Three Years / Picture: © Vindobona.org

Inflation continued to decrease in Austria and dropped to 1.3 percent, which is the lowest rate since February 2010. In September inflation rate still came at 1.7 percent. The reason for the relaxation was the significant drop in prices for traffic, fuel as well as for used automobiles and airtraffic tickets.

However, a significant increase in prices was observed in food in…

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