The inflation rate in Austria is the highest since July 1952

30.09.2022. / 15:30

VIENNA – The annual inflation rate in Austria could reach 10.5 percent, which is the highest level since July 1952, according to preliminary data from the Austrian Statistical Office.

PHOTO: Pixabay

“The inflation rate has exceeded the values ​​from the time of the oil crisis of the seventies and has now reached the highest level since July 1952, when it was 14.1 percent”the announcement states.

The same source states that the main cause of rising inflation is the sudden increase in the prices of fuel and energy for households.

The inflation rate in August was 9.3 percent, the highest since February 1975.

The final data on inflation in September will be published on October 19, according to RIA Novosti. A doe

Source: – Informacija je capital by

*The article has been translated based on the content of – Informacija je capital by If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!