Press Review

I’ve just read an article at „austriantimes.at“ and it talks about the lowest inflation since 1990. The full article is at http://www.austriantimes.at/index.php?id=14003

Basically what it says ist that the inflation in May was just 0.3 per cent year on year, this was the smallest monthly rise since April 1999.It also talks about Statistik Austria reported on Tuesday that prices in May were 0.3 per cent higher than in April.But the state statistics agency said the May increase would have been 1.8 per cent if the prices of fuel and heating oil had not fallen by so much during the past year.There is also some information about the inflation in Austria had gone up by 0.1 in May after an increase of 0.5 per cent in April.

What surprised me most was that the Austrian index for pensioners rose 0.7 per cent in May.