The inflation rate in Austria eased to 2.8% year-on-year in July 2026 from 3.2% in the previous month, slightly higher than preliminary estimates of a 2.7% increase. This marked the lowest reading in five months, as price growth slowed for alcoholic beverages and tobacco (1.8% vs 2.0% in June), housing utilities (2.7% vs 3.0%), transportation (6.4% vs 6.5%), education (4.9% vs 5.5%), and miscellaneous and services (3.1% vs 4.7%). Moreover, costs fell for food and non-alcoholic beverages (-0.4% vs 1.3%) and clothing and footwear (-0.7% vs 1.8%). Meanwhile, inflation strengthened for health (4.6% vs 4.4%), recreation and culture (1.9% vs 1.0%), and restaurants and hotels (4.6% vs 4.5%). On a monthly basis, consumer prices were unchanged in July, matching the pace in June. The annual harmonised inflation rate (HICP) rose by 2.7%, slowing from 3.2% in the preceding period, and slightly missing initial estimates of 2.6%. source: Statistics Austria
Inflation Rate in Austria decreased to 2.80 percent in July from 3.20 percent in June 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 August of 2026.
Inflation Rate in Austria decreased to 2.80 percent in July from 3.20 percent in June of 2026. Inflation Rate in Austria is expected to be 3.30 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.