🇦🇹Austria inflation rate
released 19 Aug 2026 · data through July 2026 · next release expected 31 Aug 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 2.7% as of July 2026. That is 0.7 percentage points above the ECB's 2% target, and 0.3 points below the eurozone average of 3.0%.
The breakdown shows core (excluding energy and food) at 2.9%, energy at 6.0%, food at 0.0% and services at 4.3%. The strongest pressure is in energy (6.0%), while food is the softest (0.0%).
Month on month the headline eased from 3.2% to 2.7%, a step down from the month before.
Austria ranks number 19 of 30 European economies by annual inflation, from highest to lowest, between Germany and Greece.
Austria's harmonised inflation is 2.7% as of July 2026 — abovethe European Central Bank's 2% target by 0.7 percentage points.
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 2.7% as of July 2026.
- Is Austria's inflation above or below the ECB's 2% target?
- At 2.7%, it is 0.7 percentage points above the European Central Bank's 2% target.
- How does Austria's inflation compare with the rest of Europe?
- Austria ranks number 19 of 30 European economies by inflation, 0.3 points below the eurozone average of 3.0%.
- Did Austria's inflation rise or fall last month?
- Month on month, the headline rate eased from 3.2% to 2.7% in July 2026.