CPI: Austrian Inflation Rate Increased Slightly to 1.8% Y/Y

BusinessEconomy ♦ Published: June 16, 2014; 12:35 ♦ (Vindobona)

The annual inflation rate of the consumer price index measured by Statistics Austria went up to 1.8% in May 2014 (April 1.7%).

The CPI increased slightly to 1.8% Y/Y / Picture: © Vindobona.org

This increase was mainly due to the upward trend in the division "restaurants and hotels".

Nevertheless, the division "housing, water, energy" was the most important price driver in May.

The level of the consumer price index 2010 (VPI 2010) in May 2014 came up to 110.0 (April 109.7).

Compared to the previous month (April 2014), the average price level rose by…