Inflation Austria 1970

Average inflation: 4.4%

Current Inflation

Inflation is high at 4.4%, well above the ECB target.

Peak and Trough

The highest inflation was in October at 4.9%. The lowest inflation was in February at 3.8%.

Highest month
October: 4.9%
Lowest month
February: 3.8%
Difference
1.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 4.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.4%.

Highest increase
Food and non-alcoholic beverages: 4.4%
Lowest increase
Food and non-alcoholic beverages: 4.4%

Historical Context

Current inflation is 1.1% higher than the 5-year average of 3.3%.

5-year average
3.3%
10-year average
3.6%
All-time high (1965)
4.9%
All-time low (1959)
1.1%

Trend

Inflation shows an upward trend. Compared to 1969, inflation has risen by +1.3 percentage point.

Change vs. previous year
+1.3 percentage points
Largest monthly swing
October: +2.4 percentage points

ECB Target

Inflation is 2.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1970

Inflation by category

Food and non-alcoholic beverages
4.4%
+0.0vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1969
January 3.9% +0.6
February 3.8% +0.8
March 3.9% +1.3
April 3.8% +0.8
May 4.2% +0.9
June 4.6% +1.3
July 4.6% +0.9
August 4.6% +1.5
September 4.8% +1.8
October 4.9% +2.4
November 4.8% +2.0
December 4.6% +1.2
Average 4.4%

Data source

Data from OECD. Last updated: 20/12/2025.

See also