Financial News: Austria Inflation Confirmed At 3.1%

Austria Inflation Confirmed At 3.1%

05/19/2025 - 03:46:00 (RTTNews)

(RTTNews) - Austria's consumer price inflation rose slightly as initially estimated in April, the latest data from Statistics Austria showed on Monday.

The consumer price index climbed 3.1 percent year-over-year in April, faster than the upwardly revised 3.0 percent increase in March.

"In addition to electricity and rent, significantly higher package holiday prices are also responsible for the increase," Tobias Thomas, Director General of Statistics Austria, said.

The price index for the group of housing, water, and energy alone grew 5.2 percent annually in April, driven largely by a 36.4 percent surge in electricity costs. Expenses in connection with restaurants and hotels rose 5.8 percent, and prices for food and non-alcoholic beverages were 2.9 percent higher.

On the other hand, transport charges declined 0.9 percent amid cheaper fuel costs, which plunged by 9.8 percent.

On a monthly basis, consumer prices moved up 0.2 percent, as estimated.

The EU measure of the harmonized index of consumer prices, or HICP, also rose at a faster rate of 3.3 percent versus a 3.1 percent increase in March. Monthly, the HICP rose 0.3 percent. There was no change in figures compared to the previous estimate.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Industrial Output Adds 0.5% In May (46 min(s), 08 sec(s) ago)
(RTTNews) - Industrial production in Japan was up a seasonally adjusted 0.5 percent on month in Ma ...Full Story»

South Korea Industrial Output Sinks 2.9% In May (05 min(s), 08 sec(s) ago)
(RTTNews) - Industrial production in South Korea was down a seasonally adjusted 2.9 percent on mon ...Full Story»

Japan Industrial Output Data Due On Monday (57 min(s), 08 sec(s) ago)
(RTTNews) - Japan will on Monday release preliminary May numbers for industrial production, highli ...Full Story»

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June (58 min(s), 08 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates (34 min(s), 08 sec(s) ago)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story»

Brazil Jobless Rate Falls To 6.2% (30 min(s), 08 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story»

Turkish Economic Confidence Steady At 96.7 (11 min(s), 08 sec(s) ago)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story»

Iceland Inflation Rises To 4.2% (38 min(s), 08 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story»