Inflation Austria 1994
Average inflation: 3.0%
Inflation in 1994
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 3.1%. The lowest inflation was in December at 2.6%.
- Highest month
- January: 3.1%
- Lowest month
- December: 2.6%
- Difference
- 0.5 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is around the 5-year average of 3.4%.
- 5-year average
- 3.4%
- 10-year average
- 2.8%
- All-time high (1975)
- 8.5%
- All-time low (1987)
- 1.4%
Trend
Over the period 1992-1994, inflation has remained relatively stable. Compared to 1993, inflation has fallen by 0.6 percentage points.
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- December: -1.0 percentage points
ECB Target
Inflation is 1.0 percentage points 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 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 3.1% | -1.0 |
| February | 3.1% | -0.6 |
| March | 3.1% | -0.7 |
| April | 3.0% | -0.8 |
| May | 3.0% | -0.7 |
| June | 2.9% | -0.7 |
| July | 2.9% | -0.6 |
| August | 3.1% | -0.3 |
| September | 3.1% | -0.3 |
| October | 2.9% | -0.6 |
| November | 2.8% | -0.7 |
| December | 2.6% | -1.0 |
| Average | 3.0% |
Data source
Data from OECD. Last updated: 20/12/2025.