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Austria Inflation February 2023

Austria: Harmonized inflation recedes in February

Harmonized inflation fell to 11.0% in February, following January’s 11.6%. The moderation was broad-based, with lower price pressures recorded for food and non-alcoholic beverages, transportation and housing and utilities.

Annual average harmonized inflation rose to 9.7% in February (January: 9.2%). Meanwhile, consumer price inflation fell to 10.9% in February, from the previous month’s 11.2%.

Finally, harmonized consumer prices rose 0.81% from the previous month in February, which was below the 0.91% rise logged in January.

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