Inflation Austria 1983

Average inflation: 3.3%

Current Inflation

Inflation is high at 3.3%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 4.1%. The lowest inflation was in May at 2.5%.

Highest month
January: 4.1%
Lowest month
May: 2.5%
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 2.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.1%.

Highest increase
Food and non-alcoholic beverages: 2.1%
Lowest increase
Food and non-alcoholic beverages: 2.1%

Historical Context

Current inflation is 1.8% lower than the 5-year average of 5.1%.

5-year average
5.1%
10-year average
6%
All-time high (1974)
9.5%
All-time low (1966)
2.1%

Trend

Inflation shows a downward trend. Compared to 1982, inflation has fallen by +2.1 percentage point.

Change vs. previous year
-2.1 percentage points
Largest monthly swing
May: -3.6 percentage points

ECB Target

Inflation is 1.3% 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 €103.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1983

Inflation by category

Food and non-alcoholic beverages
2.1%
-1.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1982
January 4.1% -2.0
February 4.1% -1.8
March 3.5% -2.5
April 3.0% -2.8
May 2.5% -3.6
June 2.5% -3.4
July 2.8% -2.7
August 3.2% -1.9
September 3.3% -1.6
October 3.6% -1.0
November 3.7% -1.0
December 3.8% -0.9
Average 3.3%

Data source

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

See also