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Inflation in Austria
Vienna, 20.07.2023
The inflation rate for May 2023 is expected to be 8.8%, according to calculations by Statistics Austria as part of a flash estimate. Compared to the previous month, consumer prices increased by 0.1%. “In May 2023, inflation in Austria has clearly lost momentum. According to a first estimate, inflation is expected to be at 8.8%, after 9.7% in April. This is the lowest value since June 2022. The main reason for this decline is the uninterrupted downward trend in fuel prices. The upward trend in food prices continues to weaken”, says Statistics Austria Director General Tobias Thomas. odkaz na stránku
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