Inflation Austria 2004
Average inflation: 2.1%
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in December at 2.9%. The lowest inflation was in January at 1.1%.
- Highest month
- December: 2.9%
- Lowest month
- January: 1.1%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 3.6%. The lowest price increase was in Communication with an average of -1.4%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 3.6%
- Lowest increase
- Communication: -1.4%
Historical Context
Current inflation is around the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 1.7%
- All-time high (1992)
- 4%
- All-time low (1999)
- 0.6%
Trend
Inflation has remained relatively stable. Compared to 2003, the difference is minimal (+0.8 percentage point).
- Change vs. previous year
- +0.8 percentage points
- Largest monthly swing
- December: +1.7 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | 1.1% | -0.6 |
| February | 1.4% | -0.3 |
| March | 1.5% | -0.3 |
| April | 1.6% | +0.3 |
| May | 2.1% | +1.0 |
| June | 2.3% | +1.2 |
| July | 2.2% | +1.1 |
| August | 2.3% | +1.1 |
| September | 2.1% | +0.7 |
| October | 2.6% | +1.6 |
| November | 2.6% | +1.3 |
| December | 2.9% | +1.7 |
| Average | 2.1% |
Data source
Data from OECD. Last updated: 11/01/2026.