Austria Inflation Confirmed at 3.2%

2026-09-17 07:16 By Joshua Ferrer 1 min. read

The annual inflation rate in Austria rose to 3.2% in August 2026 from a five-month low of 2.8% in the previous month, confirming preliminary estimates.

The increase was mainly driven by higher prices for transportation (7.8% vs 6.4% in July), housing and utilities (3.3% vs 2.8%), and recreation, sport and culture (2.5% vs 1.9%).

Within transportation, fuel prices jumped 26.3%, up sharply from a 17.6% increase in July, while heating oil prices surged 48.1% after rising 26.9% in the previous month.

Inflation also accelerated for restaurants and accommodation services (4.7% vs 4.6%).

In contrast, food and non-alcoholic beverages remained cheaper, with prices falling 0.3%, although the decline was smaller than the 0.4% drop in July.

Meanwhile, core inflation edged down to 3.0% from 3.1% in the prior month.

On a monthly basis, consumer prices increased 0.6% after being unchanged in July.

The annual harmonised inflation rate (HICP) increased to 2.9% from 2.7% in the preceding period.



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Austria Inflation Confirmed at 3.2%
The annual inflation rate in Austria rose to 3.2% in August 2026 from a five-month low of 2.8% in the previous month, confirming preliminary estimates. The increase was mainly driven by higher prices for transportation (7.8% vs 6.4% in July), housing and utilities (3.3% vs 2.8%), and recreation, sport and culture (2.5% vs 1.9%). Within transportation, fuel prices jumped 26.3%, up sharply from a 17.6% increase in July, while heating oil prices surged 48.1% after rising 26.9% in the previous month. Inflation also accelerated for restaurants and accommodation services (4.7% vs 4.6%). In contrast, food and non-alcoholic beverages remained cheaper, with prices falling 0.3%, although the decline was smaller than the 0.4% drop in July. Meanwhile, core inflation edged down to 3.0% from 3.1% in the prior month. On a monthly basis, consumer prices increased 0.6% after being unchanged in July. The annual harmonised inflation rate (HICP) increased to 2.9% from 2.7% in the preceding period.
2026-09-17
Austria Inflation Rises to 3.2% in August
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.
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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%.
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