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Austria Inflation Slows In June

Austria's consumer price inflation slowed in June, figures from Statistics Austria showed on Wednesday.

The consumer price index climbed 1.6 percent year-on-year in June, following a 1.7 percent rise in May.

Prices for housing, water and energy, and restaurant and hotels rose by 3.1 percent, each in June.

On a month-on-month basis, consumer prices edged up 0.1 percent in June.

The EU measure of harmonized index of consumer prices, or HICP, rose 1.6 percent annually in June, following a 1.7 percent increase in the previous month.

On a monthly basis, the HICP fell 0.1 percent in June.

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