Inflation in Austria in June reached a maximum in 47 years

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Inflation in Austria rose to 8.7% in June, the highest since September 1975. This was announced on Tuesday by the Federal Statistical Office of the Republic.

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“The continued rise in prices for fuel, groceries, domestic energy and catering has again led to a significant increase in inflation in Austria. Consumer prices, with an increase of 8.7% in June 2022, reached the highest growth rate in 47 years. Last since Austria experienced this level of price increases in September 1975,” Tobias Thomas, head of the department, said in a statement.

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In May, inflation in the country amounted to 7.7%.

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Inflation in Austria in June reached a maximum in 47 years

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