Financial News: Austria Inflation Confirmed At 3.2%

Austria Inflation Confirmed At 3.2%

09/17/2026 - 04:11:00 (RTTNews)

(RTTNews) - Austria's consumer price inflation accelerated as initially estimated in August amid higher fuel and heating oil prices, thee latest data from Statistics Austria showed on Thursday.

The consumer price index climbed 3.2 percent year-over-year in August, faster than the 2.8 percent increase in July. That was in line with the flash data published on September 1.

Inflation based on transportation rose to 7.8 percent from 6.4 percent due to a 26.3 percent surge in fuels costs. The annual price growth in housing and utilities accelerated to 3.3 percent from 2.8 percent. Costs related to restaurants and accommodation services were 4.7 percent higher.

Manuela Lenk, Director General of Statistics at Statistics Austria, noted that the reduction in value-added tax on basic foodstuffs from 10 percent to 4.9 percent helped moderate price pressures. Food prices in August were lower compared with a year ago due to this tax adjustment.

On a monthly basis, consumer prices increased 0.6 percent, as estimated.

The EU measure of inflation, the harmonized index of consumer prices, rose 2.9 percent annually in August, faster than the 2.7 percent increase in July.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Ten-Year Note Auction Attracts Strong Demand (27 min(s), 47 sec(s) ago)
(RTTNews) - The Treasury Department continued this week's series of announcements of the resul ...Full Story»

RBI Shifts To 'Calibrated Tightening' As Rate-Hiking Cycle Begins (01 hr(s), 20 min(s), 47 sec(s) ago)
(RTTNews) - India's central bank hiked interest rates for the first time in nearly four years ...Full Story»

U.S. Crude Oil Inventories Unexpectedly Decrease By 3.2 Million Barrels (02 hr(s), 52 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Wednesday showed an unex ...Full Story»

Luxembourg Economy Contracts 0.9% In Q2 (03 hr(s), 36 min(s), 47 sec(s) ago)
(RTTNews) - Luxembourg's economy logged a renewed contraction in the second quarter, prelimi ...Full Story»

Taiwan Inflation Highest Since February 2024 (04 hr(s), 26 min(s), 47 sec(s) ago)
(RTTNews) - Taiwan's consumer price inflation accelerated in September to the highest level in ...Full Story»

German Industrial Production Rebounds (06 hr(s), 05 min(s), 47 sec(s) ago)
(RTTNews) - Germany's industrial production rebounded in August despite summer heatwave and ge ...Full Story»

Czech Industrial Production Growth Eases; Trade Balance Turns To Deficit (06 hr(s), 21 min(s), 47 sec(s) ago)
(RTTNews) - The Czech Republic's industrial output growth moderated for the second straight mo ...Full Story»

Hungary Inflation Rises To 1.6% In September (07 hr(s), 24 min(s), 47 sec(s) ago)
(RTTNews) - Hungary's consumer price inflation increased for the second straight month in Sept ...Full Story»