Austria's consumer price inflation held steady in November, revised from a slight increase estimated initially, the latest data from Statistics Austria showed on Wednesday.
The consumer price index climbed 4.0 percent year-over-year in November, the same as in October. In the flash estimate, the rate of increase was 4.1 percent.
Moreover, the inflation rate is well above the European Central Bank's stability target of 2.0 percent.
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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.