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Austria Inflation Rises In March

Austria consumer price inflation rose in March, figures from Statistics Austria showed on Wednesday.

The consumer price index rose 1.8 percent year-on-year in March, following a 1.5 percent increase in February.

The rise in March was led by the price increases in housing, water and energy, followed by those for restaurants and hotels.

On a month-on-month basis, consumer prices rose 0.9 percent in March.

The EU measure of the harmonized index of consumer price, or HICP, rose 1.7 percent annually in March, after a 1.4 percent increase in the previous month.

On a monthly basis, HICP rose 1.1 percent in March.

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