Austria's inflation remains below ECB's 2-pct target

NAMPA / Xinhua

2024-11-19

VIENNA, Nov. 19 (Xinhua) -- Austria's inflation rate stood at 1.8 percent in October, remaining below the 2-percent medium-term inflation target set by the European Central Bank (ECB) for the second consecutive month, Statistics Austria said on Tuesday. The annual inflation rate in October is on par with the 1.8 percent rate in September, which marked the lowest level since February 2021. Tobias Thomas, director-general of Statistics Austri......

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