Press release: 12.399-239/20
– In November 2020, the inflation rate
was 1.3%, as Statistics Austria reports (October 2020: 1.3% as well).
Housing, water and energy (+2.1% compared to November 2019) remained
the most important price driver. The index level of the consumer price
index 2015 (CPI 2015) was 108.8 in November 2020. Compared to the previous
month, the average price level increased by 0.2%.
The measures to contain COVID-19 and the "lockdown
light" in November had a significant impact on the calculation
of the November inflation rate. Most of the measures affected the sectors
gastronomy, culture, tourism, entertainment, leisure and sport. Where
necessary, imputation methods like seasonal imputation, all items imputation
or carry-forward were applied. In total, this affected about 14.6% 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 on the compilation of the CPI in the context
The index level of the harmonised
index of consumer prices (HICP 2015)
was 109.13 in November 2020 (October 2020 revised 108.93), with the harmonised
inflation rate at 1.1% (October 2020: 1.1%).
For more detailed information please refer to the German
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Last Changed 17.12.2020