Slight Decline in Inflation Rate

BusinessEconomy ♦ Published: March 14, 2012; 11:59 ♦ (Vindobona)

The Austrian Consumer Price Inflation declined to +2.6% in February 2012.

Slight Decline in Inflation Rate / Picture: © Vindobona.org

The annual inflation rate of the Consumer Price Index measured by Statistics Austria was 2.6% in February (January revised: 2.8%, December 2011: 3.2%,). This decrease was mainly due to statistical base effects in food and energy prices which were jumping up 12 months ago. Nevertheless, energy prices were still pushing up the inflation rate in February. The all item index amounted to…

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