The annual inflation rate in Austria dropped to 1.5 percent in April of 2020 from 1.6 percent in the previous month. It was the lowest inflation rate since December, amid lockdown measures and falling fuel prices. Prices slowed for housing & utilities (2.3 percent vs 2.4 percent in March) and restaurants & hotels (3.1 percent vs 3.2 percent) while transport cost fell further (-1.6 percent vs -0.4 percent), due to fuels such as diesel (-14.7 percent) and gasoline (-14.8 percent). Conversely, inflation quickened for food & non-alcoholic beverages (2.6 percent vs 1.8 percent) and recreation & culture (2.2 percent vs 1.7 percent). On a monthly basis, consumer prices were flat, after increasing 0.3 percent in the prior month.

Inflation Rate in Austria averaged 3.21 percent from 1958 until 2020, 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 June of 2020.

Inflation Rate 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 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 2021, according to our econometric models.

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Austria Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.60 10.20 -3.00 1958 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-02-21 08:00 AM Jan 2.0% 1.5% 1.6%
2020-03-18 08:00 AM Feb 2.2% 2.0% 2.2%
2020-04-17 07:00 AM Mar 1.6% 2.2% 1.8%
2020-05-20 07:00 AM Apr 1.5% 1.6% 1.5%
2020-06-17 07:00 AM May 1.5%
2020-07-17 07:00 AM Jun 1.8%
2020-08-19 07:00 AM Jul
2020-09-18 07:00 AM Aug


News Stream
Austria April Inflation Rate at 4-Month Low of 1.5%
The annual inflation rate in Austria dropped to 1.5 percent in April of 2020 from 1.6 percent in the previous month. It was the lowest inflation rate since December, amid lockdown measures and falling fuel prices. Prices slowed for housing & utilities (2.3 percent vs 2.4 percent in March) and restaurants & hotels (3.1 percent vs 3.2 percent) while transport cost fell further (-1.6 percent vs -0.4 percent), due to fuels such as diesel (-14.7 percent) and gasoline (-14.8 percent). Conversely, inflation quickened for food & non-alcoholic beverages (2.6 percent vs 1.8 percent) and recreation & culture (2.2 percent vs 1.7 percent). On a monthly basis, consumer prices were flat, after increasing 0.3 percent in the prior month.
2020-05-20
Austria March Inflation Rate at 3-Month Low of 1.6%
The annual inflation rate in Austria decreased to 1.6 percent in March of 2020 from 2.2 percent in the previous month. It was the lowest rate since last December, amid the effects of the lockdown to curb the spread of Covid-19 along with falling global oil prices. Prices slowed mostly for housing & utilities (2.4 percent vs 2.8 percent in February); restaurants & hotels (3.2 percent vs 3.4 percent); recreation & culture (1.7 percent vs 2.7 percent). In addition, transport costs dropped (-0.4 percent vs 1.8 percent). Meanwhile, inflation remained steady for food & non-alcoholic beverages (at 1.8 percent). On a monthly basis, consumer prices went up 0.3 percent, after increasing 0.2 percent in the prior month.
2020-04-17
Austria Inflation Rate at 15-Month High of 2.2%
The annual inflation rate in Austria increased to 2.2 percent in February 2020 from 2 percent in the previous month, the highest since November 2018. Main upward pressure came from housing & utilities (2.8 percent), in particular maintenance of apartments (3.1 percent), rents (2.9 percent) and energy (2.4 percent); restaurant & hotels (3.4 percent); recreation & culture (2.7 percent) and transport (1.8 percent). Also, prices of food & non-alcoholic beverages rose 1.8 percent, on the back of meat (5.6 percent); bread & cereals (1.9 percent) and fish (1.3 percent). On a monthly basis, consumer prices edged up 0.2 percent, after a 0.5 percent decline in January.
2020-03-18
Austria Inflation Rate Climbs to 14-Month High
Austria's annual inflation rate rose to 2.0 percent in January 2020, the highest since November 2018, from 1.5 percent in the previous month. Main upward pressure came from housing & utilities (3.0 percent vs 2.5 percent), restaurants & hotels (3.1 percent vs 3.4 percent), transport (2.4 percent vs 0.8 percent), recreation & culture (1.9 percent vs 2.5 percent), food & non-alcoholic beverages (1.2 percent vs 0.9 percent), and miscellaneous goods & services (2.1 percent vs 2.3 percent). On the other hand, communication prices continued to fall (-4.6 percent vs -4.3 percent). On a monthly basis, consumer prices dropped 0.5 percent in January.
2020-02-21

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. .