Austria: Inflation accelerates in April from March
Latest reading: Harmonized consumer prices increased 3.4% in annual terms in April, following a 3.2% increase in the previous month.
Relative to the prior month’s data, there were higher price pressures for food and non-alcoholic beverages (+2.3% in annual terms vs +2.1% in March), transportation (+7.9% vs +7.3% in March) and housing and utilities (+3.4% vs +2.7% in March). In contrast, there were milder price pressures for recreation (+3.2% vs +3.8% in March) and restaurants and hotels (+4.1% vs +4.3% in March).
Meanwhile, consumer prices rose 3.5% in annual terms in April, following a 3.2% increase in the prior month.
Lastly, harmonized consumer prices were up 0.52% in April in month-on-month terms, following a 1.15% increase in the prior month.