Austria Inflation Rate1958-2020 Data | 2021-2023 Forecast | Calendar | Historical

Austria's inflation rate eased to 1.2 percent from a year earlier in December 2020, the lowest since last May, as prices rose at a softer pace for restaurants and hotels (2.9 percent vs 3.3 percent in November), health (2.1 percent vs 2.4 percent) and miscellaneous goods and services (1.8 percent vs 2.1 percent). At the same time, there were declines in cost of transport (-2.5 percent vs -3.1 percent) and clothing and footwear (-1.3 percent vs -0.2 percent). On the other hand, inflation picked up for food and non-alcoholic beverages (2.9 percent vs 2.7 percent) and recreation and culture (1.6 percent vs 1.4 percent), while remained unchanged for housing and utilities (at 2.1 percent). Considering 2020 full year, the annual inflation rate averaged 1.4 percent, the lowest since 2016.

The annual inflation rate in Austria was 1.3 percent in November of 2020, the same as in the previous month and remaining at the lowest level since June. Prices slowed mostly for housing & utilities (2.1 percent vs 2.2 percent in October); alcoholic beverages & tobacco (1.9 percent vs 2.1 percent); furnishings (0.5 percent vs 0.8 percent) and miscellaneous goods & services (2.1 percent vs 2.5 percent). Also, cost fell for transport (-3.1 percent vs -3.2 percent); clothing & footwear (-0.2 percent vs -0.4 percent) and communications (-2 percent vs -1.3 percent). At the same time, inflation remained steady for food & non-alcoholic beverages (at 2.7 percent) and restaurants & hotels (at 3.3 percent). On a monthly basis, consumer prices were up 0.2 percent, following a 0.1 percent increase in the previous month.

The annual inflation rate in Austria decreased to 1.3 percent in October 2020 from 1.5 percent in the previous month. It was the lowest inflation since June, as cost slowed for food & non-alcoholic beverages (2.7 percent vs 2.9 percent in September); housing & utilities (2.2 percent vs 2.3 percent); furnishing & household goods (0.8 percent vs 1.2 percent); restaurant & hotels (3.3 percent vs 3.4 percent): recreation & culture (1 percent vs 1.5 percent) and education (1.5 percent vs 1.7 percent). Meantime, inflation was steady for miscellaneous goods & services (at 2.5 percent). Also, prices fell for transport (-3.2 percent vs -2.3 percent); clothing & footwear (-0.4 percent vs -0.5 percent) and communication (-1.3 percent vs -1.8 percent). On a monthly basis, consumer prices went up 0.1 percent, following a 0.6 percent rise in September.

The annual inflation rate in Austria edged up to 1.5 percent in September of 2020 from 1.4 percent in the previous month. Cost advanced faster for food & non-alcoholic beverages (2.9 percent vs 2.4 percent in August); furnishing & household goods (1.2 percent vs 1 percent); restaurant & hotels (3.4 percent vs 3.2 percent) and miscellaneous goods & services (2.5 percent vs 2.4 percent). On the other hand, prices slowed for recreation & culture (1.5 percent vs 1.7 percent) and education (1.7 percent vs 1.9 percent). Meantime, prices fell for transport (-2.3 percent vs -2.2 percent); clothing & footwear (-0.5 percent vs -1.3 percent) and communication (-1.8 percent vs -1.9 percent). On a monthly basis, consumer prices climbed 0.6 percent, after a 0.2% drop in August.