Freitag, 19. Juni 2009

Press Review: Inflation lowest since 1999

I have just read an article on www.austriantimes.at and it talks about lowest inflation since 1999.

Basically what it says is that inflation in may was just 0,3 per cent higher than in april this year. The reason for this is that prices of fuel and heating oil had fallen during the past year. If they hadn't fallen so much the inflation increase would have been 1,8 per cent said the state statistics agency.
The agency also said that the biggest price rises this year were in home maintenance and the biggest falls were in transport.

As for me I am glad that inflation doesn't increase so much anymore, but I am afraid that inflation will rise more next months.

original article:

http://www.austriantimes.at/index.php?id=14003

Keine Kommentare: