Producer prices in Austria decreased 0.8 percent year-on-year in August of 2019, following a 0.2 percent fall in the previous month. It was the third straight month of declines in producer prices and the steepest since September of 2016. On a monthly basis, producer prices went down 0.3 percent, reversing a 0.2 percent gain in July. Producer Prices Change in Austria averaged 0.94 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 -0.30 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 1.30 in 12 months time. In the long-term, the Austria Producer Prices Change is projected to trend around 1.10 percent in 2020, according to our econometric models.