Consumer prices in the country rose in April at the highest rate in over four decades Inflation in Austria has jumped to its highest level in over 40 years, media reported on Wednesday citing data from the country’s federal statistics agency Statistics Austria. “In April 2022, consumer prices again increased significantly compared to last year – by 7.2%. We saw such a high rate of price growth in Austria for the last time in October 1981. Then the price of oil jumped sharply due to the Iran-Iraq war. Now, along with fuel and energy prices, food prices are the decisive factor,” the agency’s CEO Tobias Thomas said
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