Compared to the previous year, prices in January 2025 increased by 3.3 percent. Compared to December 2024, they increased by 1.1 percent, according to the rapid estimate by Statistics Austria.

Inflation: Service Sector is Price Driver

In the annual comparison, the service sector was among the price drivers with an increase of 4.7 percent, as well as energy with an increase of 3.7 percent. On the other hand, the price development in the industrial goods sector, with a price increase of 0.9 percent, had an inflation-damping effect.

(APA/Red)

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