Austria's consumer price inflation weakened further in May, data released by Statistics Austria showed Thursday.
Annual inflation slowed to 2.1 percent in May from 2.3 percent in April. In March, the rate of inflation was 2.4 percent.
Food and non-alcoholic beverages prices gained 2.4 percent year-on-year, while clothing and footwear prices advanced 1.8 percent. There was a 3.5 percent annual growth in housing costs and utility prices during the month, and a 2.2 percent rise in transportation costs.
On a monthly basis, the consumer price index decreased 0.1 percent in May, after rising 0.4 percent in the previous month.
At the same time, the harmonized index of consumer prices (HICP), measured under the EU methodology, increased 2.3 percent annually in May, but remained flat month-on-month.
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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.