Inflation Austria 1979
Average inflation: 3.7%
Current Inflation
Inflation is high at 3.7%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 4.7%. The lowest inflation was in May at 3.1%.
- Highest month
- December: 4.7%
- Lowest month
- May: 3.1%
- Difference
- 1.6 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 2.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.5%.
- Highest increase
- Food and non-alcoholic beverages: 2.5%
- Lowest increase
- Food and non-alcoholic beverages: 2.5%
Historical Context
Current inflation is 2.0% lower than the 5-year average of 5.7%.
- 5-year average
- 5.7%
- 10-year average
- 6.1%
- All-time high (1974)
- 9.5%
- All-time low (1960)
- 2%
Trend
Inflation shows a downward trend. Compared to 1978, inflation has fallen by +0.1 percentage point.
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- December: +1.0 percentage points
ECB Target
Inflation is 1.7% 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 €103.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1979
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1978 |
|---|---|---|
| January | 3.5% | -0.5 |
| February | 3.6% | -0.2 |
| March | 3.5% | -0.3 |
| April | 3.3% | -0.6 |
| May | 3.1% | -0.7 |
| June | 3.2% | 0.0 |
| July | 3.9% | +0.9 |
| August | 3.3% | -0.3 |
| September | 3.7% | +0.3 |
| October | 4.0% | +0.9 |
| November | 4.5% | +0.9 |
| December | 4.7% | +1.0 |
| Average | 3.7% |
Data source
Data from OECD. Last updated: 20/12/2025.