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2025-08-01 15:15:41
Austria's inflation rate rose to 3.5% in July, hitting a 15-month high. (1) Austria's inflation rate rose to 3.5% year-on-year in July (from 3.3% in the previous month), the highest since April 2024. The increase in industrial product prices widened to 1.4% (from 1.0% in the previous month), while energy prices rose 4.3% year-on-year (from 3.5% in the previous month). (2) Services inflation remained at 4.5%, with food, tobacco, and alcohol prices rising 4.4%. The CPI rose 0.2% month-on-month in July, slowing from the 0.5% increase in the previous month.
