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Austrian Inflation Slightly Down

Published: April 17, 2012; 14:55 · (Vindobona)

In March, a decrease of the Consumer Price Inflation to 2.4% was observed.

Austrian Inflation Slightly Down / Picture: © Flickr

The annual inflation rate of the Consumer Price Index was 2.4% in March (February 2.6%, January 2.8%). This decline in the year-on-year rate was mainly due to statistical base effects in food and energy prices, which were already sharply increasing 12 months ago. In the short run (against February 2012) prices for clothing as well as prices of mineral oil products were pushing up the…

This article includes a total of 176 words.

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