For 2022, the bank now sees the consumer price index
PHOTO
Austria's OeNB national bank revised up its inflation forecasts for 2022 through 2024 on Friday, citing higher energy prices and labour costs.
For 2022, the bank now sees the consumer price index, harmonised to make it comparable with inflation data from other European Union countries (HICP), at 8.5%.
Inflation is expected to be at 6.4% in 2023 and 3.7% in 2024, the bank said its latest forecast. (Writing by Miranda Murray, editing by Rachel More)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
