Austria Inflation Steady at 3.6% in October

Austria’s annual inflation rate stood at 3.6% in October 2026, unchanged from the previous month, according to a flash estimate. “Despite the extension of the fuel price brake on October 1, which moderated the increase in fuel prices, energy prices rose by 16.5%, higher than the 15.1% recorded in September. Prices for food, tobacco and alcohol remained unchanged year-on-year in October, following an increase of 0.8% in September,” said Manuela Lenk, Director General of Statistics Austria. The services sector remained the main driver of inflation, although price growth in the sector eased slightly to 4.1% in October from 4.2% in September. In contrast, prices for manufactured goods increased by 0.9% after rising 0.8 in the prior month. On a monthly basis, consumer prices rose by 0.3%, following a 0.2% increase in September. Meanwhile, the harmonised index of consumer prices (HICP) is expected to increase by 3.5% year-on-year and 0.4% month-on-month.

Austria’s annual inflation rate rose to 3.6% in September 2026 from 3.2% in August, confirming preliminary estimates. The increase was mainly driven by higher inflation in transportation (10.8% vs 7.8% in August) and housing and utilities (4.2% vs 3.3%). It also increased for alcoholic beverages and tobacco products (2.4% vs 2.0%), food and non-alcoholic beverages (0.4% vs. 0.3%), and furnishings and household goods (1.0% vs 0.4%). In contrast, inflation eased for health (3.6% vs 4.4%), recreation, sport and culture (2.1% vs 2.5%), education (4.0% vs 4.9%), and restaurants and accommodation services (4.1% vs 4.7%). Clothing and footwear prices fell 1.4%, compared with a 1.3% decline in August, while the decline in information and communication prices narrowed to 0.2% from 0.6%. On a monthly basis, consumer prices increased by 0.2%, easing from 0.6% in August. The annual harmonised inflation rate rose by 3.6%, accelerating from 2.9% in the preceding period.

The annual inflation rate in Austria rose to 3.6% in September 2026 from 3.2% in August, preliminary estimates showed. This marked the highest reading since May, driven entirely by higher fuel and heating oil prices. Energy prices jumped 14.5% year-on-year, accelerating from a 9.9% increase in August. Services also remained the biggest contributor to inflation, although services inflation eased to 4.2% from 4.4%. Additionally, inflation for food, tobacco and alcohol accelerated to 1.0% from 0.3%, while industrial goods prices increased 0.7%. Meanwhile, core inflation, which excludes energy and food, rose to 3.0%. On a monthly basis, consumer prices increased 0.2%. On a monthly basis, consumer prices increased by 0.2% in September, easing from a six-month high of 0.6% in the preceding period.