I have just read an article on "www.austriantimes.at" and it talks about inflation. Basically what it says is that in May inflation in Austria was just 0.3 per cent year on year. It is the smallest monthly rise since April 1999.
It also talks about a report of "Statisik Austria" which showed that prices in May were 0.3 per cent highter than in April. The May increase would have been 1.8 per cent if the prices of fuel and heating oil hat not fallen so much during the past year.
Experts say that the future inflation will depend on the prices of crude oil. It has begun to increase again.
As for me I am not very interested in economy. So I dont care the "May increase".
See original article:
http://www.austriantimes.at/index.php?id=14003
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