The inflation rate for May 2025 is expected to be 3.0 percent, down from 3.1 percent in April of this year.

Inflation in May slightly decreased to 3.0 percent

Services remained the main price drivers, with an annual increase of 4.4 percent. Food, tobacco, and alcohol became more expensive by 3.3 percent. The increase in energy prices was 1.3 percent, as the significantly cheaper fuel prices compared to the previous year mostly offset the impact of the increased electricity prices.

According to the flash estimate by Statistics Austria released today, industrial goods became more expensive by 0.8 percent. Core inflation, which includes the areas of services and industrial goods, was 3.1 percent in May.

(APA/Red)

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