What is Austria's current inflation rate?

Austria's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 3.5% as of September 2026 This is a flash estimate and may be revised at the final release..

Is Austria's inflation above or below the ECB's 2% target?

At 3.5%, it is 1.5 percentage points above the European Central Bank's 2% target.

How does Austria's inflation compare with the rest of Europe?

Austria ranks number 15 of 30 European economies by inflation, 0.3 points below the eurozone average of 3.8%.

Did Austria's inflation rise or fall last month?

Month on month, the headline rate rose from 2.9% to 3.5% in September 2026.

🇦🇹Austria inflation rate

released 2 Oct 2026 · data through September 2026 · flash estimate · next release expected 17 Oct 2026

Austria joined the euro at its launch in 1999. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 3.5% as of September 2026. That is 1.5 percentage points above the ECB's 2% target, and 0.3 points below the eurozone average of 3.8%.

The breakdown shows core (excluding energy and food) at 2.9%, energy at 14.7%, food at 0.9% and services at 4.4%. The strongest pressure is in energy (14.7%), while food is the softest (0.9%).

Month on month the headline rose from 2.9% to 3.5%, extending the climb.

Austria ranks number 15 of 30 European economies by annual inflation, from highest to lowest, between Portugal and Poland.

Harmonised inflation (HICP) · annual rate

3.5%

vs 2% target

+1.5 pp

Harmonised inflation (HICP) is 3.5% as of September 2026 — that is 1.5 percentage points above the ECB's 2% target.

core (excluding energy and food)

2.9%

▲ 0.1 pp vs prev

energy

14.7%

▲ 4.7 pp vs prev

food

0.9%

▲ 0.9 pp vs prev

services

4.4%

▲ 0.2 pp vs prev

Austria — annual HICP inflation rate, last 10 years

Source: Eurostat (HICP) · data through September 2026 · modifications: none

Compare with the rest of Europe on the European inflation ranking →

Frequently asked questions

What is Austria's current inflation rate?: Austria's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 3.5% as of September 2026 This is a flash estimate and may be revised at the final release..
Is Austria's inflation above or below the ECB's 2% target?: At 3.5%, it is 1.5 percentage points above the European Central Bank's 2% target.
How does Austria's inflation compare with the rest of Europe?: Austria ranks number 15 of 30 European economies by inflation, 0.3 points below the eurozone average of 3.8%.
Did Austria's inflation rise or fall last month?: Month on month, the headline rate rose from 2.9% to 3.5% in September 2026.

🇦🇹Austria inflation rate

Frequently asked questions

Austria — more indicators