Austria's consumer price inflation increased further in March to the highest level in three months amid higher energy costs, a flash estimate from Statistics Austria showed on Tuesday.
The consumer price index climbed 3.1 percent year-over-year in March, faster than the 2.2 percent increase in February.
The acceleration in inflation was largely attributed to price surges in fuel and heating oil. Energy prices alone grew 6.1 percent annually versus a 4.1 percent fall in February. Services inflation also accelerated to 4.5 percent from 4.0 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.