I have just read an article at Austrian Times and it talks about the Inflation in May.
Austria reported today (Tues) that prices in May were 0.3 per cent higher than in April.
Futhermore the state statistics agency says that the May increase would have been 1.8 per cent if the prices of fuel and heating oil had not fallen by so much during the past year.
Experts says that the oil increases and that would be bad for the future Inflation.
The Austrian index for pensioners (PIPH) rose 0.7 per cent in May.
My opinion......
I think this is the beginning of the problems we will have in future. There should be a plan against this finacial crisis or otherwise there will be one factory after another which will have to close down of there financial meltdown.
1 Kommentar:
last sentence: which will have to close down because of their financial crisis
don't forget to link this article with the original article !!
mind your grammar!
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