Consumer prices in Austria rose 2.8 percent over a year in June of 2021, the same as in the previous month and remained the highest inflation rate since December of 2012, due to a low base year in prices of fuel and energy. Thus, the strongest upward pressure came from prices of transports (6.6 percent vs 5.3 percent in May); followed by housing & utilities (3.0 percent, unchanged from May), driven mostly by household energy costs; and restaurants & hotels (3.3 percent vs 3.8 percent), on higher hospitality service charges. Other positive contributions came from prices of household items & maintenance (3.2 percent vs 2.9 percent), primarily due to costlier home furniture; leisure & culture (1.8 percent vs 2.2 percent); and clothing & footwear (4.2 percent vs 2.4 percent). On a monthly basis, consumer prices inched up 0.5 percent, quickening from a 0.3 percent increase in the prior month. source: Statistics Austria

Inflation Rate in Austria averaged 3.17 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 July of 2021.

Inflation Rate in Austria is expected to be 2.50 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 1.50 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
2.80 2.80 10.20 -3.00 1958 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-16 07:00 AM Mar 2% 1.2% 1.9%
2021-05-19 07:00 AM Apr 1.9% 2.0% 2%
2021-06-17 07:00 AM May 2.8% 1.9% 2.8%
2021-07-16 07:00 AM Jun 2.8% 2.8% 2.8%
2021-08-18 07:00 AM Jul 2.8% 2.5%
2021-09-17 07:00 AM Aug
2021-10-20 07:00 AM Sep
2021-11-17 08:00 AM Oct


News Stream
Austria Inflation Rate Stable at 2.8%
Consumer prices in Austria rose 2.8 percent over a year in June of 2021, the same as in the previous month and remained the highest inflation rate since December of 2012, due to a low base year in prices of fuel and energy. Thus, the strongest upward pressure came from prices of transports (6.6 percent vs 5.3 percent in May); followed by housing & utilities (3.0 percent, unchanged from May), driven mostly by household energy costs; and restaurants & hotels (3.3 percent vs 3.8 percent), on higher hospitality service charges. Other positive contributions came from prices of household items & maintenance (3.2 percent vs 2.9 percent), primarily due to costlier home furniture; leisure & culture (1.8 percent vs 2.2 percent); and clothing & footwear (4.2 percent vs 2.4 percent). On a monthly basis, consumer prices inched up 0.5 percent, quickening from a 0.3 percent increase in the prior month.
2021-07-16
Austria Inflation Rate at Over 8-Year High
Austria’s annual inflation rate jumped to 2.8 percent in May of 2021, from 1.9 percent in the previous month. It was the steepest increase in consumer prices since December of 2012, mainly attributed to a low base year in prices of fuel and energy. Thus, the strongest upward pressure came from prices of transports (5.3 percent vs 3.5 percent in April); followed by housing & utilities (3.0 percent vs 2.9 percent), driven mostly by higher rents. Other positive contributions came from prices in food & non-alcoholic beverages (1.8 percent vs 0.2 percent); household items & maintenance (2.9 percent vs 1.3 percent), primarily due to costlier home furniture; and clothing & footwear (2.4 percent vs 0.0 percent). On a monthly basis, consumer prices inched higher by 0.3 percent, rebounding from a 0.1 percent decline in the prior month.
2021-06-17
Austria Inflation Rate Eases in April
The annual inflation rate in Austria eased to 1.9 percent in April of 2021, from a 13-month high of 2.0 percent hit in the previous month. Main upward pressure came from prices of housing & utilities (2.9 percent, the same as in March), driven mostly by higher rents; transports (3.5 percent vs 3.6 percent), due to unusually low fuel prices in the previous year. Other positive contributions came from prices in restaurants & hotels (2.9 percent vs 2.7 percent); leisure & culture (1.5 percent vs 2.1 percent); and miscellaneous goods & services (1.5 percent, the same as in March). On a monthly basis, consumer prices inched lower by 0.1 percent, the first decline in consumer prices since January of 2021, following a 1.1 percent increase in the prior month.
2021-05-19
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 Inflation Rate
In Austria, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. .