Financial News: Austrian Economy Grows 0.2% In Q1; Inflation Rises

Austrian Economy Grows 0.2% In Q1; Inflation Rises Slightly

04/30/2026 - 08:59:00 (RTTNews)

(RTTNews) - Austria's economy expanded in the first quarter of 2026 after remaining stagnant in the previous quarter, a flash estimate from the WIFO economic institute showed on Thursday.

Separate official data showed that consumer price inflation accelerated to a 4-month high in April.

Gross domestic product advanced 0.2 percent sequentially, following a flat change in the fourth quarter.

The expenditure breakdown showed that household consumption expenditure grew 0.8 percent, and general government expenditure was 0.4 percent higher. Gross fixed capital formation increased 0.1 percent.

Net foreign demand was not favorable as exports rose only 0.1 percent amid a 0.9 percent growth in imports.

On a yearly basis, GDP growth slowed to 0.6 percent from 0.7 percent.

Consumer price inflation edged higher to a 4-month high of 3.3 percent in April from 3.2 percent in March, flash data from Statistics Austria revealed.

The rise in inflation was largely driven by a 10.7 percent surge in energy costs. The annual price growth in food, tobacco, and alcohol accelerated to 2.7 percent from 2.4 percent, while services inflation softened to 3.9 percent from 4.5 percent.

On a monthly basis, consumer prices increased 0.3 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan March Current Account Surplus Y4.681 Trillion (01 hr(s), 08 min(s), 12 sec(s) ago)
(RTTNews) - Japan posted a current account surplus of 4.681 trillion yen in March, the Ministry of ...Full Story»

Australia Wage Price Data Due On Wednesday (03 hr(s), 01 min(s), 12 sec(s) ago)
(RTTNews) - Australia will on Wednesday release Q1 numbers for wage prices and home loans, highlig ...Full Story»

Ten-Year Note Auction Attracts Below Average Demand (05 hr(s), 58 min(s), 12 sec(s) ago)
(RTTNews) - Continuing this week's series of announcements of the results of its long-term sec ...Full Story»

U.S. Consumer Prices Increase 0.6% In April, In Line With Estimates (10 hr(s), 47 min(s), 12 sec(s) ago)
(RTTNews) - With energy prices surging, the Labor Department released a report on Tuesday showing ...Full Story»

Brazil Inflation Rises To 4.39% In April (11 hr(s), 52 min(s), 12 sec(s) ago)
(RTTNews) - Brazil's consumer price inflation accelerated for the second straight month in Apr ...Full Story»

India Inflation Rises Slightly (12 hr(s), 18 min(s), 12 sec(s) ago)
(RTTNews) - India's consumer price inflation rose slightly in April, the Ministry of Statistic ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In April (12 hr(s), 25 min(s), 12 sec(s) ago)
(RTTNews) - With energy prices surging, the Labor Department released a report on Tuesday showing ...Full Story»

South Africa Jobless Rate Rises In Q1 (12 hr(s), 32 min(s), 12 sec(s) ago)
(RTTNews) - South Africa's unemployment rate increased in the first quarter of 2026, data from ...Full Story»