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Further Decrease of Inflation to 1.7% in August
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The annual inflation rate of the consumer price index slowed down to 1.7% in August 2014 (July 1.8%).

The annual inflation rate of the consumer price index measured by Statistics Austria slowed down to 1.7% in August 2014 (July 1.8%).
This slight decline was primarily due to significant price reductions for clothing items compared to August 2013.
In addition, fuel prices slowed down even more than in July.
Expenditures for "housing, water, energy" were an…
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