The prices continued to rise in June. Inflation was 3.3 percent – that is the highest value since May 2024. Price drivers were mainly fuel and food.
This was announced on Thursday by the Austria statistics. It confirmed its rapid estimate for the domestic consumer price index (VPI).
Especially food and food have contributed to inflation. Compared to the previous month, inflation rose by 0.5 percent this year in June.
The statistics have revised inflation in May by 2.9 percent.
The price increases in June in electricity and restaurants, the two largest price attacks in the year, were almost consistently high.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
