Austria: Harmonized inflation rises to over one-year excessive in July
Newest studying: Harmonized inflation elevated to three.7% in July from June’s 3.2%. July’s studying represented the best inflation price since March 2024. Trying on the particulars of the discharge, costs for meals, housing and utilities, hospitality and transport elevated at a quicker tempo in July.
The development pointed up mildly, with annual common harmonized inflation coming in at 2.8% in July (June: 2.7%). In the meantime, shopper value inflation rose to three.6% in July from the earlier month’s 3.3%.
Lastly, harmonized shopper costs rose 0.07% in July over the earlier month, a smaller enhance than June’s 0.27% enhance.
