The annual inflation rate in Austria rose 3.7% in May 2026 from 3.4% in the previous month, matching preliminary estimates. This marked the highest reading since November 2025, driven by faster price growth in transportation (8.8% vs. 7.7% in April) and miscellaneous goods and services (4.8% vs. 3.9%). Meanwhile, inflation remained steady in housing and utilities (3.3%), recreation and culture (1.0%), education (5.4%), and insurance and financial services (4.2%). Additionally, deflation eased in information and communication (-1.0% vs. -2.3%). On the other hand, price growth moderated in food and non-alcoholic beverages (2.2% vs. 2.4%), alcoholic beverages and tobacco (2.0% vs. 3.5%), health (4.4% vs. 4.5%), and restaurants and hotels (4.7% vs. 4.9%). On a monthly basis, consumer prices increased 0.1% in May, slowing from a 0.4% rise in the previous month. The harmonised inflation rate (HICP) also accelerated to 3.7% year-on-year from 3.4% in April. source: Statistics Austria
Inflation Rate in Austria increased to 3.70 percent in May from 3.40 percent in April 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 June of 2026.
Inflation Rate in Austria increased to 3.70 percent in May from 3.40 percent in April 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.