Veytics Intelligence
2026-10-16 · Trendingtopics

Inflation Is Rising: Why This Winter Will Be Expensive - www.trendingtopics.eu

The war in Iran is showing up at the pump and in the heating oil tank: Inflation rose sharply in September in Austria, the eurozone and the United States. On Friday, Statistics Austria confirmed its flash estimate that the country’s inflation rate climbed to 3.6 percent, up from 3.2 percent in August. Excluding fuel and heating oil, it would have been only 2.4 percent. The picture is similar in the eurozone and the United States. In Austria, fuel cost 34.8 percent more than a year earlier, and heating oil a whopping 63.1 percent more. The “mini basket,” which tracks weekly shopping including fuel, rose 6 percent. The “micro basket” for daily shopping actually got cheaper, and food prices rose only 0.4 percent. Electricity cost 9.

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