Compared to July, inflation has statistically slowed down somewhat after Statistics Austria revised the values for the previous month from 9.3 to 9.4 percent. Fuel prices, which fell by 10.4 percent compared to the previous month, were responsible for the flattening of the price increase. However, the upward trend in prices continued for household energy, food and gastronomy.
Without the current development in fuel prices, consumer price inflation (CPI) would be 9.9 percent, the statisticians write in a press release. The increase of 0.2 percentage points compared to the flash estimate at the beginning of the month is mainly due to late data from the area of maintenance and repair of the apartment.
Source: Nachrichten
