What's Getting More Expensive in Austria Despite Falling Inflation?

What's getting more expensive in Austria despite falling inflation?

From electricity bills to your spring getaways, prices for certain products are continuing to rise in Austria despite signs of inflation falling.

Electricity and rents are mainly responsible for the fact that inflation in Austria climbed to 3.1 percent last month. However, price-driving were also a few other factors.

The increase in prices in Austria remains persistent in the range of three percent. In addition to expensive services, politicians and municipalities also contribute to this.

Inflation in Austria rose to 3.1% in April 2023. Learn more about the economic impact and background.