Austria inflation rate for 2023 was 7.81%, a 0.73% decline from 2022.
Austria inflation rate for 2022 was 8.55%, a 5.78% increase from 2021.
Austria inflation rate for 2021 was 2.77%, a 1.38% increase from 2020.
Austria inflation rate for 2020 was 1.38%, a 0.15% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
