Inflation Austria 1997
Average inflation: 1.3%
Current Inflation
Inflation is low at 1.3%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 2.1%. The lowest inflation was in August at -0.1%.
- Highest month
- January: 2.1%
- Lowest month
- August: -0.1%
- Difference
- 2.2 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 1.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.5%.
- Highest increase
- Food and non-alcoholic beverages: 1.5%
- Lowest increase
- Food and non-alcoholic beverages: 1.5%
Historical Context
Current inflation is 1.1% lower than the 5-year average of 2.4%. This approaches the lowest level since records began (1.3% in 1997).
- 5-year average
- 2.4%
- 10-year average
- 2.7%
- All-time high (1981)
- 6.8%
- All-time low (1997)
- 1.3%
Trend
Inflation has remained relatively stable. Compared to 1996, the difference is minimal (-0.6 percentage point).
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- August: -2.0 percentage points
ECB Target
Inflation is 0.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1997
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1996 |
|---|---|---|
| January | 2.1% | +0.5 |
| February | 2.0% | +0.4 |
| March | 1.6% | -0.2 |
| April | 1.7% | +0.1 |
| May | 1.9% | +0.4 |
| June | 1.4% | -0.3 |
| July | 0.5% | -1.4 |
| August | -0.1% | -2.0 |
| September | 0.7% | -1.3 |
| October | 1.3% | -0.8 |
| November | 1.2% | -1.1 |
| December | 1.4% | -0.9 |
| Average | 1.3% |
Data source
Data from OECD. Last updated: 20/12/2025.