Inflation Rises to Highest Level in Three Years

Business › Economy ♦ Published: October 14, 2011; 14:19 ♦ (Vindobona)

Consumer price inflation rose to 3.6% in September, the highest value since September 2008. Mineral oil products remained the main price driver.

Inflation Rises to Highest Level in Three Years / Picture: © Vindobona.org

The annual inflation rate of the Consumer Price Index (CPI 2010) measured by Statistics Austria was 3.6% in September 2011 (August 3.5% revised). Inflation was still driven by prices for mineral oil products increasing by 18% against September 2010. Without mineral oil products the inflation rate would have been 2.8%.

The all item index amounted to 103.9 in September, a raise of…

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