Inflation in Austria set a nearly half a century record

Almost a double-digit inflation occured in Asuztria

According to preliminary data, the annual inflation rate in Austria rose to 9.2 percent in July from 8.7 percent of the previous month.

In July 2022, consumer prices rose at the fastest pace since March 1975, which can be attributed to the increase in household energy and fuel costs, as well as food and catering industry prices. (MTI)