In November, consumer prices in Austria were on average 1.9 percent higher than a year ago - as expected in the rapid estimate nearly three weeks ago.
Compared to the previous month of October 2024, the average price level increased by 0.3 percent, Statistik Austria announced on Wednesday. This means that inflation has been below the 2 percent target of the European Central Bank (ECB) for the third month in a row.
In October, the price increase compared to the previous year was slightly lower at 1.8 percent. According to statisticians, the strongest price dampener in November 2024 once again proved to be the fallen prices for household energy.
This article has been automatically translated, read the original article .