Austria's consumer price inflation increased more than initially estimated in April to the highest level in four months, the latest data from Statistics Austria showed on Wednesday.The consumer price index climbed 3.4 percent year-over-year in April, faster than the 3.2 percent increase in March. In the flash estimate, the inflation rate was 3.3 percent.The upward trend in inflation was largely dr...
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.