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Inflation Rate Increases to 3.3%
The highest inflation rate in Austria since 2008 is mainly due to price increases of oil products and groceries.
Inflation Rate Increases to 3.3% / Picture: © Vindobona.org
During April, the Austrian inflation rate has continued to grow. Year-on-year, prices increased by 3.3% compared to only 3.1% in March. This is the highest rate since September 2008 with then 3.8%. The main factor for this development is the expensive oil and food products; the latter’s prices having increased by 3.7% over the year.
The cost of traffic went up by 6% compared to…
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