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Austria Annual Inflation Rate

Austria's annual inflation rate fell to 2.94% in 2024, down from 7.81% in 2023, according to World Bank. This represents a decrease of 4.87% from the previous year. Austria has annual inflation rate lower than the global median (2.94% vs median 3.16%). Compared with the median in Europe, Austria is higher (2.94% vs regional median 2.76%) and ranks 19th out of 43 countries in Europe.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 2.94%
2023 7.81%
2022 8.55%
2021 2.77%
2020 1.38%
2019 1.53%
2018 2%
2017 2.08%
2016 0.89%
2015 0.9%
2014 1.61%
2013 2%
2012 2.49%
2011 3.29%
2010 1.81%
2009 0.51%
2008 3.22%
2007 2.17%
2006 1.44%
2005 2.3%
2004 2.06%
2003 1.36%
2002 1.81%
2001 2.65%
2000 2.34%
1999 0.57%
1998 0.92%
1997 1.31%
1996 1.86%
1995 2.24%
1994 2.95%
1993 3.63%
1992 4.02%
1991 3.34%
1990 3.26%
1989 2.57%
1988 1.92%
1987 1.4%
1986 1.71%
1985 3.19%
1984 5.66%
1983 3.34%
1982 5.44%
1981 6.8%
1980 6.33%
1979 3.71%
1978 3.57%
1977 5.49%
1976 7.32%
1975 8.45%
1974 9.52%
1973 7.53%
1972 6.36%
1971 4.7%
1970 4.37%
1969 3.08%
1968 2.76%
1967 3.97%
1966 2.05%
1965 4.93%
1964 3.87%
1963 2.71%
1962 4.38%
1961 3.54%
1960 1.95%
Austria Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Austria.
Indicator Last Value Prior Value Period
Inflation Rate 4% 4.1% Sep'25
Inflation Rate MoM -0.2% 0.2% Sep'25
Producer Price Index (PPI) -1.3% -0.8% Aug'25