This is the highest value since November 1981. Compared to February, the consumer price index (CPI) is expected to have increased by 2.0 percent. Energy prices continue to be the main drivers. In February, the inflation rate was 5.9 percent.
“Recent increases in fuel and energy prices further fueled inflation,” said Statistics Austria Director General Tobias Thomas in a broadcast on Friday. The CPI index level and detailed results for March will be announced on April 21st.
The harmonized inflation rate (HICP) calculated for eurozone comparisons was 6.7 percent in March 2022 compared to the same month last year, according to calculations by Statistics Austria as part of a preliminary flash estimate. According to the first survey, inflation was 2.3 percent compared to February.
Source: Nachrichten
