Austria’s annual inflation rate rose to 3.3 percent in September of 2021, the highest level since November 2011, from 3.2 percent in the previous month, reflecting a low base effect from last year’s low fuel and energy prices. Inflation quickened mainly for prices of transport (9.4 percent vs 9.2 percent in August), particularly fuels (23.6 percent vs 23.1 percent) and airline tickets (43.4 percent vs 34.2 percent). Additional upward pressure came from prices of housing & utilities (3.9 percent vs 3.6 percent), namely heating oil (34.1 percent) and electricity (7.4 percent); restaurants & hotels (3.3 percent vs 3.7 percent), due to more expensive catering services (3.4 percent); and food & non-alcoholic beverages (0.6 percent vs 0.5 percent), on account of vegetables (6.8 percent). On a monthly basis, consumer prices edged up 0.5 percent, after a 0.1 percent uptick in August. source: Statistics Austria

Inflation Rate in Austria averaged 3.17 percent from 1958 until 2021, 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 October of 2021.

Inflation Rate in Austria is expected to be 1.70 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 1.70 percent in 2022, according to our econometric models.

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Austria Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-09-17 07:00 AM Aug 3.2% 2.9% 3.1%
2021-10-20 07:00 AM Sep 3.3% 3.2% 3.3%
2021-11-17 08:00 AM Oct 3.3%


News Stream
Austria September Inflation Rate at Near 10-Year High
Austria’s annual inflation rate rose to 3.3 percent in September of 2021, the highest level since November 2011, from 3.2 percent in the previous month, reflecting a low base effect from last year’s low fuel and energy prices. Inflation quickened mainly for prices of transport (9.4 percent vs 9.2 percent in August), particularly fuels (23.6 percent vs 23.1 percent) and airline tickets (43.4 percent vs 34.2 percent). Additional upward pressure came from prices of housing & utilities (3.9 percent vs 3.6 percent), namely heating oil (34.1 percent) and electricity (7.4 percent); restaurants & hotels (3.3 percent vs 3.7 percent), due to more expensive catering services (3.4 percent); and food & non-alcoholic beverages (0.6 percent vs 0.5 percent), on account of vegetables (6.8 percent). On a monthly basis, consumer prices edged up 0.5 percent, after a 0.1 percent uptick in August.
2021-10-20
Austria August Inflation Rate Highest since 2011
Austria’s annual inflation rate rose to 3.2 percent in August of 2021 from 2.9 percent in the previous month. It is the highest inflation rate since December of 2011, underpinned by prices of transport (9.2 percent vs 8.1 percent in July), of which fuels (23.1 percent vs 21.6 percent) and airline tickets (34.2 percent vs 23.6 percent). Additional upward pressure came from prices of housing & utilities (3.6 percent vs 3 percent), particularly household energy (8.6 percent); restaurants & hotels (3.7 percent vs 3.3 percent) and food & non-alcoholic beverages (0.5 percent vs 0.1 percent), on account of vegetables (5.2 percent) and meat (1.2 percent). On a monthly basis, consumer prices edged up 0.1 percent, after a 0.3 percent increase in the previous month.
2021-09-17
Austria July Inflation Rate at Over 9-Year High
Austria’s annual inflation rate rose to 2.9 percent in July of 2021 from 2.8 percent in the previous month. It is the highest inflation rate since January of 2012, mainly influenced by prices of transports (8.1 percent vs 6.6 percent in June), namely ticket flights (23.6 percent vs -4 percent) and fuels (21.6 percent vs 21.4 percent); housing & utilities (3 percent, the same pace as in June); restaurants & hotels (3.3 percent, the same pace as in June) and alcoholic beverages & tobacco (3.8 percent vs 3 percent). Meanwhile, costs went up marginally for food & non-alcoholic beverages (0.1 percent, after being flat in June). On a monthly basis, consumer prices went up 0.3 percent, following a 0.5 percent increase in the previous month.
2021-08-18

Austria Last Unit Reference Previous Highest Lowest
Inflation Rate 3.30 percent Sep/21 3.20 10.20 -3.00
Inflation Rate Mom 0.49 percent Sep/21 0.10 5.20 -2.60
Consumer Price Index CPI 103.50 points Sep/21 103.00 103.50 8.40
Harmonised Consumer Prices 112.20 points Sep/21 111.20 112.20 70.20
GDP Deflator 110.51 points Jun/21 108.70 110.51 73.10
Producer Prices 109.90 points Aug/21 109.00 109.90 84.90
Producer Prices Change 9.50 percent Aug/21 8.60 9.50 -3.20
Food Inflation 0.60 percent Sep/21 0.50 4.76 -1.10
Wholesale Prices 112.70 points Sep/21 111.80 112.70 75.40
CPI Transportation 108.30 points Sep/21 109.00 109.00 95.90
Cpi Housing Utilities 104.30 points Sep/21 103.90 110.90 99.30


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. .