Austria: Harmonized inflation recedes in February
Harmonized inflation fell to 11.0% in February, following January’s 11.6%. The moderation was broad-based, with lower price pressures recorded for food and non-alcoholic beverages, transportation and housing and utilities.
Annual average harmonized inflation rose to 9.7% in February (January: 9.2%). Meanwhile, consumer price inflation fell to 10.9% in February, from the previous month’s 11.2%.
Finally, harmonized consumer prices rose 0.81% from the previous month in February, which was below the 0.91% rise logged in January.