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Austrian Inflation Decreases to 3.4%

Published: November 16, 2011; 13:53 · (Vindobona)

Consumer Price Inflation decreased to +3.4% in October 2011. The main draivers are lodging and energy prices.

Austrian Inflation Decreases to 3.4% / Picture: © Vindobona.org

The annual inflation rate of the Consumer Price Index measured by Statistics Austria was 3.4% in October 2011 (September 3.6%, August 3.5%).

A more moderate price increase in transport and lodging services as well as price reductions for telephone services were responsible for the decrease of inflation in October.

Compared to October 2010, the main drivers for inflation…

This article includes a total of 202 words.

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