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02.09.202507:26:38UTC+00Austria Inflation Rate Rises to 4.1% in August

Preliminary estimates indicate that Austria's annual inflation rate is anticipated to increase to 4.1% in August 2025, up from 3.6% in July. According to Statistics Austria Director General Manuela Lenk, nearly all expenditure categories within the goods basket contributed to this ascent. Energy prices notably climbed by 5.9%, compared to a 4.2% rise in July, due to a reduced dampening effect from fuel prices and ongoing increments in electricity costs. Services continued to exert the greatest influence on inflation, increasing by 4.7%, trailed by food, tobacco, and alcohol, with each category experiencing a 5.0% price surge. Core inflation, which encompasses industrial goods and services, rose to 3.8%, following a 3.4% increase in July. On a month-to-month basis, consumer prices rose by 0.2% in August, maintaining the same growth rate as the previous month.

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