Austria: Harmonized inflation rises in March
Harmonized inflation ticked up to 4.1% in March, slightly above February’s 4.0%. Looking at the details of the release, housing and utilities prices rose at a quicker pace in March compared to the previous month, as did transportation prices.
Annual average harmonized inflation fell to 6.1% in March (February: 6.5%). Meanwhile, consumer price inflation was unchanged, coming in at February’s 4.1% in March.
Lastly, harmonized consumer prices rose 0.65% over the previous month in March, picking up from the 0.50% increase logged in February. March’s result was the sharpest increase in prices since September 2023.