Austria's inflation surges to 4.1 pct in August

VIENNA, Sept. 2 (Xinhua) -- Austria's inflation surge continued, with the year-on-year rate standing at 4.1 percent in August, a flash estimate reported on Tuesday.

"This is the highest level since March 2024. Almost all expenditure groups in the basket of goods contributed to this increase," said Manuela Lenk, director general of statistics at Statistics Austria. In July, the country posted an inflation rate of 3.6 percent.