Financial News: Austria Inflation Rises To 2.0% In December

Austria Inflation Rises To 2.0% In December

01/07/2025 - 08:34:00 (RTTNews)

(RTTNews) - Austria's consumer price inflation rose slightly at the end of the year to reach exactly the European Central Bank's stability target, a flash estimate from Statistics Austria showed on Tuesday.

The consumer price index climbed 2.0 percent year-over-year in December, following a 1.9 percent increase in November.

With this, the inflation rate is equal to the European Central Bank's stability target of 2.0 percent.

The increase in inflation was largely driven by services, which grew 4.6 percent from last year. Prices for food, tobacco, and alcohol grew 1.7 percent, while energy costs were 7.0 percent less expensive.

On a monthly basis, consumer prices moved up 0.6 percent.

The EU measure of the harmonized index of consumer prices, or HICP, also rose at a faster rate of 2.1 percent versus a 1.9 percent increase in November. Monthly, the HICP rose 0.7 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

South Korea Rate Decision On Tap For Tuesday (59 min(s), 32 sec(s) ago)
(RTTNews) - The Bank of Korea will wrap up its monetary policy meeting on Tuesday and then announc ...Full Story»

Slovenia Business Confidence Improves Slightly (03 hr(s), 24 min(s), 32 sec(s) ago)
(RTTNews) - Pessimism among Slovenian businesses eased modestly in February as the confidence indi ...Full Story»

Cyprus HICP Inflation Slows In January (04 hr(s), 09 min(s), 32 sec(s) ago)
(RTTNews) - Cyprus' inflation based on the EU measure slowed in January after accelerating in ...Full Story»

Two-Year Note Auction Attracts Below Average Demand (05 hr(s), 21 min(s), 32 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story»

Belgium Business Confidence Improves Slightly (08 hr(s), 57 min(s), 32 sec(s) ago)
(RTTNews) - Belgium's business confidence rose somewhat in February amid better business condi ...Full Story»

Malta HICP Inflation Remains Stable At 1.8% (09 hr(s), 33 min(s), 32 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation held steady at the start of the year after easing ...Full Story»

Latvian Jobless Rate Rises In Q4 (10 hr(s), 04 min(s), 32 sec(s) ago)
(RTTNews) - Latvia's unemployment rate increased slightly in the final quarter of 2024 after f ...Full Story»

Poland Retail Sales Expand Most In 8 Months (11 hr(s), 16 min(s), 32 sec(s) ago)
(RTTNews) - Poland's retail sales growth accelerated to the highest level in eight months in J ...Full Story»