Austria’s annual inflation rate rose to 3.2% in August 2026, up from 2.8% in the previous month, preliminary estimates showed. Prices increased for energy, which jumped 10.0% year-on-year from 5.7% in July. Moreover, prices for food, tobacco, and alcohol rebounded to 0.2% from a 0.1% decline, although gains were still capped by the reduction in VAT on basic foodstuffs from 10.0% to 4.9%, which took effect in July 2026. In contrast, price growth for manufactured goods moderated to 0.5% from 0.8%, while services continued to exert the strongest upward pressure on inflation despite easing slightly to 4.3% from 4.4% a month earlier. On a monthly basis, consumer prices increased by 0.6% in August, following a flat reading in the preceding period. source: Statistics Austria
Inflation Rate in Austria increased to 3.20 percent in August from 2.80 percent in July of 2026. Inflation Rate in Austria averaged 3.32 percent from 1958 until 2026, reaching an all time high of 11.20 percent in January of 2023 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 September of 2026.
Inflation Rate in Austria increased to 3.20 percent in August from 2.80 percent in July of 2026. Inflation Rate in Austria is expected to be 3.60 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 2.10 percent in 2027 and 2.20 percent in 2028, according to our econometric models.