Cost of food in Austria increased 0.80 percent in December of 2018 over the same month in the previous year. Food Inflation in Austria averaged 2.02 percent from 2012 until 2018, reaching an all time high of 4.76 percent in December of 2012 and a record low of 0.10 percent in May of 2016.
Food Inflation in Austria is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Austria to stand at 2.00 in 12 months time. In the long-term, the Austria Food Inflation is projected to trend around 1.90 percent in 2020, according to our econometric models.