Producer prices in Austria rose 1.5 percent year-on-year in March 2019, down from a 1.6 percent increase in the previous month. It is the lowest producer inflation since April last year, as prices advanced less for energy (3.4 percent vs 3.8 percent in February), capital goods (1.2 percent vs 1.3 percent) and intermediate goods (1.0 percent vs 1.2 percent). In contrast, cost rose further for consumer goods (0.5 percent vs 0.2 percent). On a monthly basis, producer prices went down 0.1 percent, after being unchanged in the previous month. Producer Prices Change in Austria averaged 0.95 percent from 2001 until 2019, reaching an all time high of 5.47 percent in December of 2010 and a record low of -3.20 percent in July of 2009.
Producer Prices Change in Austria is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Austria to stand at 2.10 in 12 months time. In the long-term, the Austria Producer Prices Change is projected to trend around 0.90 percent in 2020, according to our econometric models.