Austria’s producer prices surged by 8.6 percent year-on-year in July of 2021, the largest annual increase since records began in 2001, amid a low base effect from last year and as the economy reopened. The increase in prices was mainly caused by cost of energy (15.6 percent) and intermediate goods (12.1 percent). Also, prices for consumer goods went up by 1.4 percent and those for capital goods rose 1.2 percent. On a monthly basis, producer prices advanced by 1.7 percent, compared with 1.0 percent increase in June. source: Statistics Austria

Producer Prices Change in Austria averaged 0.87 percent from 2001 until 2021, reaching an all time high of 8.60 percent in July of 2021 and a record low of -3.20 percent in July of 2009. This page provides - Austria Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Producer Prices Change in Austria is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Producer Prices Change is projected to trend around 1.50 percent in 2022 and 1.10 percent in 2023, according to our econometric models.

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Austria Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
8.60 6.90 8.60 -3.20 2001 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-28 07:00 AM Apr 4.6% 2.8% 4.3%
2021-06-30 07:00 AM May 6% 4.7% 5.8%
2021-07-30 07:00 AM Jun 6.9% 6% 6.2%
2021-08-30 07:00 AM Jul 8.6% 6.9% 8.7%
2021-09-30 07:00 AM Aug 8.6%
2021-10-29 08:00 AM Sep
2021-11-30 08:00 AM Oct
2021-12-30 08:00 AM Nov


News Stream
Austria July Producer Inflation Hits Record High
Austria’s producer prices surged by 8.6 percent year-on-year in July of 2021, the largest annual increase since records began in 2001, amid a low base effect from last year and as the economy reopened. The increase in prices was mainly caused by high costs in the energy sector (15.6 percent) and intermediate goods (12.1 percent). Also, the prices for consumer goods went up by 1.4 percent and those for capital goods (1.2 percent). On a monthly basis, producer prices advanced by 1.7 percent, compared with 1.0 percent increase in June.
2021-08-30
Austria Producer Prices Rise at Record Pace
Austria's producer prices rose by 6.9 percent year-on-year in June 2021, the largest annual increase since records began in 2001, reflecting a low base year and the re-opening of the economy. The increase in prices was mainly caused by high cost in the energy sector (14.0 percent) and for intermediate goods (9.2 percent). Also, the prices for consumer goods went up by 1.5 percent and those for capital goods by 0.9 percent. On a monthly basis, producer prices advanced by 1.0 percent in June, compared with 0.9 percent in May.
2021-07-30
Austria Producer Inflation Hits Record High
Producer prices in Austria climbed 6.6 percent year-on-year in May of 2021, following an upwardly revised 4.7 rise in the previous month. It was the steepest producer inflation since at least January of 2001, mainly driven by prices of energy (13.3 percent vs 9.5 percent in April) and intermediate goods (7.4 percent vs 5.8 percent). Additional upward pressure came from prices of consumer goods (1.4 percent vs 1 percent) and capital goods (0.8 percent, the same pace as in April). On a monthly basis, producer prices inched up 0.9 percent, after an upwardly revised 1.1 percent rise in the prior month.
2021-06-30
Austria Producer Inflation at 10-Year High
Producer prices in Austria jumped 4.6 percent year-on-year in April of 2021, following a 2.8 percent rise in the prior month. It was the fastest producer inflation since May of 2011, due to strong increases in prices of energy (9.5 percent vs 4.8 percent in March), mainly on account of petroleum products and electricity charges; and intermediate goods (5.8 percent vs 3.6 percent), driven mostly by a surge in prices of non-ferrous metals and semi-finished products. Also, prices continued to climb in consumer goods (1.0 percent vs 0.4 percent) and in capital goods (0.8 percent vs 0.9 percent). On a monthly basis, producer prices went up 1.0 percent, the same as in the previous month.
2021-05-28

Austria Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.