Press release: 12.589-180/21
– In July 2021, the inflation rate
was 2.9%, as Statistics Austria reports (June 2021: 2.8%). Expenditures
for transport (+8.1% compared to July 2020) proved to be the most important
price driver, followed by expenditures for housing, water and energy
The consumer price index
(CPI 2020) was at 102.9, while the average price level increased
by 0.3% compared to June 2021.
The measures to contain COVID-19 had hardly any impact
on the calculation of the inflation
rate. Only for two shopping basket positions imputation methods were
applied: seasonal imputation for bus package tours, and all items imputation
for school sports excursions. In total, this affected about 0.4% of
the weight of the basket of goods and services. For further in-depth
explanation of the general principles and applied computation methods,
please refer to the methodological
information note (PDF, 1 MB) on the compilation of the CPI
in the context of COVID-19.
The index level of the harmonised
index of consumer prices (HICP 2015)
was 111.15 in July 2021 with a harmonised inflation rate at 2.8%.
For more detailed information please refer to the German
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Last Changed 18.08.2021