Producer prices in Austria rose 1.6 percent in February 2019, unchanged from the previous month. It remained the lowest producer inflation since April last year, as cost increased further for energy (3.8 percent from 2.9 percent in January) and capital goods (1.3 percent from 1.2 percent). Meanwhile, prices eased for both intermediate (1.2 percent from 1.5 percent) and consumer goods (0.2 percent from 0.3 percent). On a monthly basis, producer prices were unchanged, after a 0.1 percent gain in the prior month. Producer Prices Change in Austria averaged 0.95 percent from 2001 until 2019, reaching an all time high of 5.47 percent in December of 2010 and a record low of -3.20 percent in July of 2009.
Producer Prices Change in Austria is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Austria to stand at 2.10 in 12 months time. In the long-term, the Austria Producer Prices Change is projected to trend around 0.90 percent in 2020, according to our econometric models.