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. source: Statistics Austria

Inflation Rate in Austria averaged 3.19 percent from 1958 until 2020, reaching an all time high of 10.20 percent in September of 1974 and a record low of -3 percent in March of 1959. This page provides - Austria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Inflation Rate in Austria is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Austria to stand at 1.60 in 12 months time. In the long-term, the Austria Inflation Rate is projected to trend around 1.70 percent in 2021, according to our econometric models.

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Austria Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.50 10.20 -3.00 1958 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-19 07:00 AM Jul 1.7% 1.1% 1.2%
2020-09-17 07:00 AM Aug 1.4% 1.7% 1.4%
2020-10-16 07:00 AM Sep 1.5% 1.4% 1.1%
2020-11-18 08:00 AM Oct 1.3% 1.5% 1.4%
2020-12-18 08:00 AM Nov 1.3% 1.3%
2021-01-18 08:00 AM Dec
2021-02-22 08:00 AM Jan
2021-03-18 08:00 AM Feb


News Stream
Austria Inflation Rate Slows to 4-Month Low of 1.3%
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.
2020-11-18
Austria Inflation Rate Rises to 1.5% 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.
2020-10-16
Austria Inflation Rate Slows to 1.4% in August
The annual inflation rate in Austria fell to 1.4 percent in August of 2020 from 1.7 percent in the previous month. Cost slowed for food & non-alcoholic beverages (2.4 percent vs 2.6 percent in July); furnishing & household goods (1 percent vs 1.4 percent); recreation & culture (1.7 percent vs 1.8 percent); restaurant & hotels (3.2 percent vs 3.3 percent); miscellaneous goods & services (2.4 percent vs 2.6 percent) and education (1.9 percent vs 2 percent). In addition, prices fell for transport (-2.2 percent vs -2.5 percent); clothing & footwear (-1.3 percent vs 3.4 percent) and communication (-1.9 percent vs -2 percent). On a monthly basis, consumer prices went down 0.2 percent, after a 0.2% gain in July.
2020-09-17
Austria Inflation Rate Rises to 5-Month High in July
The annual inflation rate in Austria rose to 1.7 percent in July 2020 from 1.1 percent in the previous month. It was the highest inflation rate in five months, as prices advanced further for restaurants & hotels (3.3 percent vs 3 percent in June); recreation & culture (2 percent vs 1.8 percent); and miscellaneous goods & services (2.6 percent vs 2.1 percent). Additionally, cost of clothing & footwear rebounded (3.5 percent vs -1.7 percent) and inflation was steady for housing & utilities (at 2.3 percent). Also, prices fell less for transport (-2.5 percent vs -3.1 percent); and communication (-2 percent vs -2.5 percent). On the other hand, cost of food & non-alcoholic beverages slowed (2.6 percent vs 2.9 percent in June). On a monthly basis, consumer prices went up 0.2 percent, following a 0.6 percent gain in the prior month.
2020-08-19

Austria Inflation Rate
In Austria, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. .