Austrian Inflation Rate Remains Above 2.0%

BusinessEconomy ♦ Published: May 16, 2012; 10:53 ♦ (Vindobona)

Slight decrease of consumer price inflation to 2.3% in April 2012.

Austrian Inflation Rate Remains Above 2.0% / Picture: © Vindobona.org

The annual inflation rate of the consumer price index measured by Statistics Austria was 2.3% in April (March 2.4%, February 2.6%). This was the lowest rate since December 2010 (2.3%). Based on the high price level one year before, the increase of mineral oil product prices was 8% and for food products 1.3%. The largest upward pressures to the change in inflation came from price…

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