Austria Producer Inflation Hits Over 3-Year High

Producer prices in Austria rose 2.8% year-on-year in May 2026, following an upwardly revised 2.0% increase in the previous month and marking the highest level since April 2023. The main upward pressure came from higher prices for intermediate goods (5.6% vs 4.0% in April), energy (2.7% vs 2.0%), and capital goods (1.0% vs 0.4%). Meanwhile, prices for consumer goods edged up by 0.1%, easing from a 0.6% rise in April. On a monthly basis, the PPI increased 0.5%, slowing from an upwardly revised 1.0% rise in April, as price increases in basic metals (2.3%), chemicals and chemical products (3.7%), and motor vehicles, trailers and semi-trailers (1.2%) were partially offset by decreases in electricity, gas, steam and air conditioning supply (-0.8%) and food products (-0.1%).

Producer prices in Austria increased 1.9% year-on-year in April 2026, after a flat reading in March. This was the highest reading since May 2023, driven mainly by a sharp rise in intermediate goods prices (3.8% vs 1.2% in March). Energy costs rose 2.0%, rebounding from a 1.7% drop in the previous month and marking the first increase in nearly three years. Prices for capital goods increased 0.4%, following a 0.2% rise, while consumer goods prices rose 0.6%, slowing from a 0.8% advance. On a monthly basis, the PPI rose 0.9%, easing from a 1.4% increase in March, as higher prices in the manufacture of chemicals and chemical products (11.3%) and basic metals (3.5%) were partly offset by declines in electricity, gas, steam and air conditioning supply (-1.7%) and in the manufacture of computer, electronic and optical products (-0.1%).

Producer prices in Austria came in flat year-on-year in March 2026, following a 1.4% decline in the previous month, as energy costs continued to fall but at a softer pace (-1.7% vs -6% in February). Price growth strengthened for intermediate goods (1.2% vs 0.4%), while capital goods also edged higher (0.2% vs 0.1%). Meanwhile, consumer goods inflation slowed to 0.8% from 1% in the prior month. On a monthly basis, producer prices rose 1.4% in March, accelerating from a revised 0.2% in February, driven mainly by higher costs in electricity, gas, steam, and air conditioning supply (1.6%) and basic metals (1.6%), which offset declines in pharmaceutical products and preparations (-0.9%) and machinery and equipment (-0.1%).