Austria's consumer price inflation increased slightly after remaining stable in the previous month, a flash estimate from Statistics Austria showed on Tuesday.
The consumer price index climbed 4.1 percent year-over-year in November, faster than the 4.0 percent increase in October.
Nonetheless, the inflation rate is well above the European Central Bank's stability target of 2.0 percent.
The rise in inflation was mainly driven by a 10.9 percent surge in energy costs, followed by a 4.5 percent growth in service costs. The annual price growth in food, tobacco, and alcohol accelerated 4.4 percent from 4.0 percent in October.
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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.