Austria's consumer price inflation slowed to the lowest level in fourteen months in March, data released by Statistics Austria showed Tuesday.
The consumer price index increased 2.4 percent on an annual basis in March, slower than the 2.6 percent growth seen in February. The latest growth rate was the weakest since January 2011, when consumer price rose 2.4 percent.
Food and non-alcoholic beverages prices advanced 2.9 percent annually, while clothing and footwear prices edged up 0.7 percent. There was a 3.4 percent annual rise in housing costs and utility prices during the month, and a 3 percent gain in transportation costs.
On a monthly basis, consumer prices moved up 1.1 percent in March, faster than the previous month's 0.5 percent increase.
At the same time, the harmonized index of consumer prices (HICP), measured under the EU methodology, increased 1.2 percent month-on-month in March, taking the annual growth to 2.7 percent, the agency said.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.