City
Epaper

Austria's inflation hits 47-year high in June

By IANS | Updated: July 19, 2022 17:45 IST

Vienna, July 19 Austria's inflation rate has continued to soar, reaching 8.7 per cent in June, the highest ...

Open in App

Vienna, July 19 Austria's inflation rate has continued to soar, reaching 8.7 per cent in June, the highest level since September 1975, Statistics Austria said on Tuesday.

The June inflation rate was one percentage point higher than that in May, Xinhua news agency reported quoting Statistics Austria.

Statistics Austria said in a statement that rising fuel, food and household energy prices were the main drivers of inflation in June.

In particular, fuel prices in June jumped 63.2 per cent year on year.

In June, the Austrian government unveiled a package of long-term measures to combat the surging inflation, including increasing social benefits for the unemployed and other vulnerable groups.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: austriaXinhuaViennaStatistics austriaRepublic of austria
Open in App

Related Stories

NationalAir India Delhi to Washington Flight AI-103 Cancelled Midway in Vienna Due to Technical Snag

NationalAnother Air India Aircraft Plunged 900 Feet After Takeoff, Hours After AI-171 Crash

InternationalAustria School Shooting Update: Gunman Shot Dead, Death Toll Rises to 9 in Graz; Visuals Emerge

InternationalAustria Shooting:8 Killed, Several Injured at Graz School

InternationalMajor UK Railway Stations Hit by Cyber Attack; Network Rail Suspends Wi-Fi Service

Politics Realted Stories

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Leads, Tej Pratap Trails in Early Trends

NationalTarn Taran Assembly By-Election 2025: 23.05% Voter Turnout Recorded Till 11 AM in Punjab By-Poll

MaharashtraWho Is Akshaya Naik? Shetkari Kamgar Paksha Named Mayoral Candidate of Alibag