Consumer Price Inflation down at 1.7 % in August 2010; HICP 1.6 %

BusinessEconomy ♦ Published: September 15, 2010; 14:21 ♦ (Vindobona)

August inflation down to the lowest rate since February

Consumer Price Inflation down at 1.7 % in August 2010; HICP 1.6 % / Picture: © Statistics Austria

The annual inflation rate of the Consumer Price Index (CPI) measured by Statistics Austria was 1.7% in August 2010 (July 1.9%, June 2.0%), the lowest rate since February 2010.

The influence of fuel and heating oil products on the headline inflation decreased to +0.45 percentage points.

The annual inflation rate in terms of the harmonized index of consumer prices (HICP)…