Austria’s inflation rate to the highest level in a year

Vienna on August 1 / WAM / The inflation rate in Austria recorded a monthly increase of 0.2% to 3.5%, last July, recording its highest level since April 2024.

“Inflation has reached its highest level since April 2024” due to the increase in energy and industrial commodities, the prices of the services and foodstuffs sector.

The figures of the Austrian Statistics Authority showed that energy prices increased in April by 0.8%to 4.3%, industrial commodities prices by 0.4%to 1.4%, the increase in the services sector rates by a semi -fixed rate of 4.5%, and the continued inflation in the food and beverage sector at the level of 4.4%, on a monthly basis.

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