Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
AUSTRIA
Austrian CPI for December came in at 5.6% Y/Y (vs 5.3% prior) and 0.4% M/M (vs 0.2% prior) in the flash reading. The harmonized HICP measure came in at 5.7% Y/Y (vs 4.9% prior) and +0.5% M/M (0.2% prior).
- This marks the first acceleration in the inflation rate since August.
- The Y/Y incline can be largely attributed to a base effect as an electricity price brake took effect in December 2022. Additionally, "Fuel prices dampened inflation significantly less than in the previous months”, according to the Austrian Statistics Office.
- There was no consensus expectation though this will marginally contribute to the anticipated eurozone headline inflation Y/Y acceleration in December - Austria has a weighting of 3.4% in the Eurozone HICP basket.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok