The annual inflation rate in Austria likely rose to 11.1 percent in January 2023, accelerating from a 10.2 percent increase in the previous month, preliminary estimates showed. It would be the highest rate since records began in 1958, underpinned by strong prices of household energy, despite electricity price break; and sharp rise in network costs. On a monthly basis, consumer prices are expected to jump 0.8 percent, from 0.2 percent in December. Meanwhile, the harmonized index likely advance by 11.5 percent on the year, and grow 0.8 percent from a month earlier. source: Statistics Austria
Inflation Rate in Austria averaged 3.27 percent from 1958 until 2023, reaching an all time high of 11.10 percent in January of 2023 and a record low of -3.00 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 February of 2023.
Inflation Rate in Austria is expected to be 8.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.