Cost of food in Austria increased 9.02 percent in May of 2022 over the same month in the previous year. source: Statistics Austria
Food Inflation in Austria averaged 2.01 percent from 2012 until 2022, reaching an all time high of 9.02 percent in May of 2022 and a record low of -1.10 percent in January of 2021. This page provides the latest reported value for - Austria Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Food Inflation - values, historical data and charts - was last updated on June of 2022.
Food Inflation in Austria is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Food Inflation is projected to trend around 1.00 percent in 2023 and 2.00 percent in 2024, according to our econometric models.