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Markets News

Austrian National Bank sees inflation at 1.6% in 2022

BERLIN, Jan 14 (Reuters) - The Austrian National Bank on Tuesday said it expected consumer prices harmonised with inflation data from other European Union countries (HICP) to rise by 1.6% in 2022 and confirmed it saw this inflation rate at 1.4% in 2020 and 1.5% in 2021.

The European Central Bank targets inflation of close to but below 2% for the euro zone as a whole.

Reporting by Michelle Martin; editing by Thomas Seythal

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