Inflation Austria 2021
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in November at 4.3%. The lowest inflation was in January at 0.8%.
- Highest month
- November: 4.3%
- Lowest month
- January: 0.8%
- Difference
- 3.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 6.7%. The lowest price increase was in Communication with an average of -2.9%.
- Highest increase
- Transport: 6.7%
- Lowest increase
- Communication: -2.9%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 1.8%
- All-time high (2011)
- 3.3%
- All-time low (2009)
- 0.5%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +1.4 percentage point.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- December: +3.2 percentage points
ECB Target
Inflation is 0.8% 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 €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 0.8% | -1.2 |
| February | 1.2% | -0.9 |
| March | 2.0% | +0.5 |
| April | 1.9% | +0.5 |
| May | 2.8% | +2.2 |
| June | 2.8% | +1.7 |
| July | 2.9% | +1.3 |
| August | 3.2% | +1.9 |
| September | 3.3% | +2.0 |
| October | 3.7% | +2.4 |
| November | 4.3% | +3.1 |
| December | 4.3% | +3.2 |
| Average | 2.8% |
Data source
Data from OECD. Last updated: 10/01/2026.