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FX.co ★ Austria Inflation Rate Confirmed at 3.0%

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typeContent_19130:::2025-06-18T07:34:44

Austria Inflation Rate Confirmed at 3.0%

In May 2025, Austria's annual inflation rate dipped slightly to 3.0% from 3.1% in April, aligning with preliminary forecasts. Notable moderations were observed in housing, water, and energy prices (5.0% down from 5.3% in April), recreation and culture (3.7% from 5.1%), restaurants and hotels (5.6% from 5.8%), as well as miscellaneous goods and services (3.6% from 4.0%). Conversely, clothing and footwear saw a price decline (-1.4% compared to -0.7%), along with furnishings, household equipment, and maintenance, which also decreased slightly (-0.6% from -0.8%). Transportation costs remained steady with no change at -0.9%. On the other hand, inflation pressures intensified for food and non-alcoholic beverages, rising to 3.5% from 2.9%, and for alcoholic beverages and tobacco, which increased to 3.1% from 2.6%. On a monthly scale, consumer prices dipped by 0.1% in May, reversing the 0.2% increase recorded in April.

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