Inflation Austria 1971
Average inflation: 4.7%
Current Inflation
Inflation is high at 4.7%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 5.3%. The lowest inflation was in January at 4.2%.
- Highest month
- September: 5.3%
- Lowest month
- January: 4.2%
- 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 3.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 3.2%.
- Highest increase
- Food and non-alcoholic beverages: 3.2%
- Lowest increase
- Food and non-alcoholic beverages: 3.2%
Historical Context
Current inflation is 0.9% higher than the 5-year average of 3.8%. This approaches the highest level since records began (4.9% in 1965).
- 5-year average
- 3.8%
- 10-year average
- 3.7%
- All-time high (1965)
- 4.9%
- All-time low (1959)
- 1.1%
Trend
Inflation shows an upward trend. Compared to 1970, inflation has risen by +0.3 percentage point.
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- April: +1.0 percentage points
ECB Target
Inflation is 2.7% 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 €104.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1971
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1970 |
|---|---|---|
| January | 4.2% | +0.3 |
| February | 4.4% | +0.6 |
| March | 4.4% | +0.5 |
| April | 4.8% | +1.0 |
| May | 4.2% | 0.0 |
| June | 4.3% | -0.3 |
| July | 4.4% | -0.2 |
| August | 5.2% | +0.6 |
| September | 5.3% | +0.5 |
| October | 5.3% | +0.4 |
| November | 5.1% | +0.3 |
| December | 4.9% | +0.3 |
| Average | 4.7% |
Data source
Data from OECD. Last updated: 20/12/2025.