Austria's annual inflation rate rose to 2.0 percent in January 2020, the highest since November 2018, from 1.5 percent in the previous month. Main upward pressure came from housing & utilities (3.0 percent vs 2.5 percent), restaurants & hotels (3.1 percent vs 3.4 percent), transport (2.4 percent vs 0.8 percent), recreation & culture (1.9 percent vs 2.5 percent), food & non-alcoholic beverages (1.2 percent vs 0.9 percent), and miscellaneous goods & services (2.1 percent vs 2.3 percent). On the other hand, communication prices continued to fall (-4.6 percent vs -4.3 percent). On a monthly basis, consumer prices dropped 0.5 percent in January.

Inflation Rate in Austria averaged 3.21 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.

Inflation Rate in Austria is expected to be 1.90 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
2.00 1.50 10.20 -3.00 1958 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2019-11-15 08:00 AM Oct 1.1% 1.2% 1.3%
2019-12-18 08:00 AM Nov 1.1% 1.1% 1.3%
2020-01-17 08:00 AM Dec 1.5% 1.1% 1.4%
2020-02-21 08:00 AM Jan 2.0% 1.5% 1.6%
2020-03-18 08:00 AM Feb 2.0% 2.2%
2020-04-17 07:00 AM Mar 1.9%
2020-05-20 07:00 AM Apr
2020-06-17 07:00 AM May


News Stream
Austria Inflation Rate Climbs to 14-Month High
Austria's annual inflation rate rose to 2.0 percent in January 2020, the highest since November 2018, from 1.5 percent in the previous month. Main upward pressure came from housing & utilities (3.0 percent vs 2.5 percent), restaurants & hotels (3.1 percent vs 3.4 percent), transport (2.4 percent vs 0.8 percent), recreation & culture (1.9 percent vs 2.5 percent), food & non-alcoholic beverages (1.2 percent vs 0.9 percent), and miscellaneous goods & services (2.1 percent vs 2.3 percent). On the other hand, communication prices continued to fall (-4.6 percent vs -4.3 percent). On a monthly basis, consumer prices dropped 0.5 percent in January.
2020-02-21
Austria December Inflation Rate at 4-Month High of 1.1%
The annual inflation rate in Austria rose to 1.5 percent in December 2019 from 1.1 percent in the previous month. It was the highest inflation rate since August. Main upward pressure came from prices of housing & utilities (2.8 percent vs 2.1 percent in November), in particular maintenance of apartments (3.1 percent), rents (3 percent) and electricity (3.7 percent); restaurants & hotels (2.9 percent vs 3 percent); food & non-alcoholic beverages (1.1 percent vs 0.5 percent), of which meat (2.1 percent), vegetables (3.9 percent) and fish (5.5 percent); and transport (0.3 percent vs -0.9 percent). On a monthly basis, consumer prices inched up 0.7 percent, after increasing 0.2 percent in the previous month.
2020-01-17
Austria Inflation Rate Steady at Over 3-Year Low
The annual inflation rate in Austria was unchanged at 1.1 percent in November of 2019, the same as in the previous month and remaining at the lowest level since September 2016. Inflation slowed mainly for food & non-alcoholic beverages (0.5 percent vs 0.7 percent in October) and clothing and footwear (0.6 percent vs 1.6 percent); was flat for housing and utilities (2.1 percent), restaurants and hotels (3 percent) and education (2.4 percent); and edged up for health (0.9 percent vs 0.7 percent) and miscellaneous goods and services (1.9 percent vs 1.7 percent). In addition, transport cost fell less (-0.9 percent vs -1.5 percent). On a monthly basis, consumer prices went up 0.2 percent, the same as in the previous month.
2019-12-18
Austria Inflation Rate at Over 3-Year Low of 1.1%
Annual inflation rate in Austria dropped to 1.1 percent in October 2019, the lowest level since September 2016, from 1.2 percent in the prior month. Prices slowed further for food & non-alcoholic beverages (0.7 percent vs 0.8 percent in September); housing & utilities (2.2 percent vs 2.8 percent) and restaurants & hotels (3 percent vs 3.1 percent). In addition, cost continued to fall for transport (-1.5 percent vs -0.6 percent) and communication (-4.2 percent vs -4.3 percent). Meanwhile, inflation edged higher for clothing & footwear (1.6 percent vs 0.9 percent); furnishings (1.1 percent vs 0.7 percent); recreation & culture (1.4 percent vs 0.6 percent); education (2.2 percent vs 2 percent) and miscellaneous goods & services (1.7 percent vs 1.5 percent). On a monthly basis, consumer prices went up 0.2 percent, easing from a 0.5 percent rise in the previous month.
2019-11-15

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. .