The annual inflation rate in Austria likely eased to 10.6% in November of 2022, from a record high of 11% in the prior month, preliminary estimates showed. The milder inflation is mainly due to the fact that the upward pressure on prices from household energy and fuel is weakening slightly. On a monthly basis, consumer prices are expected to increase by 0.3%, following a 1% rise in October. The harmonized index likely rose by 11.1% on the year (vs 11.5% in October) and 0.1% in comparison with last month (vs 1.2% in October). source: Statistics Austria
Inflation Rate in Austria averaged 3.25 percent from 1958 until 2022, reaching an all time high of 11.00 percent in October of 2022 and a record low of -3.00 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 December of 2022.
Inflation Rate in Austria is expected to be 10.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Inflation Rate is projected to trend around 3.50 percent in 2023 and 2.50 percent in 2024, according to our econometric models.