The annual inflation rate in Austria rose to 2 percent in March of 2021 from 1.2 percent in the previous month, reaching its highest level since February last year. Main upward pressure came from prices of transport (3.6 percent vs 0.4 percent in February), primarily on account of fuels (6.5 percent vs -5.2 percent) and housing & utilities (2.9 percent vs 2.6 percent), namely rents (5.3 percent) and electricity (5.6 percent). Costs also went up faster for alcoholic beverages & tobacco (2 percent vs 0.6 percent); recreation & culture (2.1 percent vs 1.5 percent); restaurants & hotels (2.7 percent vs 2.1 percent) and education (1.9 percent vs 1.7 percent). On a monthly basis, consumer prices inched up 1.1 percent, the most since March of 2015, following a 0.5 percent increase in the prior month. source: Statistics Austria

Inflation Rate in Austria averaged 3.18 percent from 1958 until 2021, 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 April of 2021.

Inflation Rate in Austria is expected to be 2.20 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 2022, according to our econometric models.

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Austria Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.20 10.20 -3.00 1958 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-20 08:00 AM Dec 1.2% 1.3% 1%
2021-02-23 08:00 AM Jan 0.8% 1.2% 1%
2021-03-17 08:00 AM Feb 1.2% 0.8% 1%
2021-04-16 07:00 AM Mar 2% 1.2% 1.9%
2021-05-19 07:00 AM Apr 2%
2021-06-17 07:00 AM May
2021-07-16 07:00 AM Jun
2021-08-18 07:00 AM Jul


News Stream
Austria March Inflation Rate at Over 1-Year High
The annual inflation rate in Austria rose to 2 percent in March of 2021 from 1.2 percent in the previous month, reaching its highest level since February last year. Main upward pressure came from prices of transport (3.6 percent vs 0.4 percent in February), primarily on account of fuels (6.5 percent vs -5.2 percent) and housing & utilities (2.9 percent vs 2.6 percent), namely rents (5.3 percent) and electricity (5.6 percent). Costs also went up faster for alcoholic beverages & tobacco (2 percent vs 0.6 percent); recreation & culture (2.1 percent vs 1.5 percent); restaurants & hotels (2.7 percent vs 2.1 percent) and education (1.9 percent vs 1.7 percent). On a monthly basis, consumer prices inched up 1.1 percent, the most since March of 2015, following a 0.5 percent increase in the prior month.
2021-04-16
Austria February Inflation Rate Picks Up to 1.2%
The annual inflation rate in Austria rose to 1.2 percent in February of 2021 from an eight-month low of 0.8 percent in the previous month. Main upward pressure came from prices of housing & utilities (2.6 percent vs 2.1 percent in January), namely housing rents (5.4 percent vs 5.3 percent) and electricity (6.4 percent vs 5.9 percent); food & non-alcoholic beverages (1.6 percent vs -1.1 percent), in particular fast food (12.7 percent); transport (0.4 percent vs -1.7 percent) and miscellaneous goods & services (1.4 percent, the same pace as in January). On a monthly basis, consumer prices inched up 0.5 percent, following a 0.8 percent decrease in the prior month, mainly due to prices of food & non-alcoholic beverages (3.4 percent vs -3.2 percent).
2021-03-17
Austria Inflation Rate Slows to 8-Month Low
Austria's consumer price inflation rate eased to an eight-month low of 0.8 percent year-on-year in January 2021, down from 1.2 percent in the previous month, led by a sharp decline in cost for food and non alcoholic beverages (-1.1 percent vs 2.9 percent in December) and transportation (-1.7 percent vs -2.5 percent). At the same time, there were smaller increases in prices of restaurants and hotels (2.4 percent vs 2.9 percent) and miscellaneous goods and services (1.4 percent vs 1.8 percent). On a monthly basis, consumer prices dropped 0.8 percent in January.
2021-02-23
Austria Inflation Rate Slows in December
Austria's inflation rate eased to 1.2 percent from a year earlier in December 2020, the lowest since last May, as prices rose at a softer pace for restaurants and hotels (2.9 percent vs 3.3 percent in November), health (2.1 percent vs 2.4 percent) and miscellaneous goods and services (1.8 percent vs 2.1 percent). At the same time, there were declines in cost of transport (-2.5 percent vs -3.1 percent) and clothing and footwear (-1.3 percent vs -0.2 percent). On the other hand, inflation picked up for food and non-alcoholic beverages (2.9 percent vs 2.7 percent) and recreation and culture (1.6 percent vs 1.4 percent), while remained unchanged for housing and utilities (at 2.1 percent). Considering 2020 full year, the annual inflation rate averaged 1.4 percent, the lowest since 2016.
2021-01-20

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. .