It was a very extraordinary time.” Michaela Maier remembers the year 2022, when the inflation data in Austria climbed to ever higher values from month to month. She is not only a consumer, but also heads the determination of inflation data at Statistics Austria; in total, she has been working in this area for 20 years. But there had not been such high inflation data since the 1970s, i.e. half a century. These are sensations in statistics Most of the time it was a mistake, but this time it wasn’t like that. A wave of inflation was building up in Austria, which is still demanding a lot from the population, who are used to low inflation rates.
