Press release: 12.568-159/21
– In June 2021, the inflation rate
was 2.8%, as Statistics Austria reports (May 2021: 2.8%). Expenditures
for transport (+6,6% compared to June 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 102.6, while the average price level increased
by 0.5% compared to May 2021.
"At 2.8%, the inflation rate in June 2021 remains
unchanged. The increase in energy prices continues to be a result of
the particularly low price level of the previous year. The price development
for food, on the other hand, remained stable compared with June 2020,"
said Statistics Austria Director General Tobias Thomas.
The measures to contain COVID-19 had only a small
impact on the calculation of the inflation
rate, because the sectors gastronomy and most of the theatres were re-opened
and almost all services in the sectors tourism, entertainment, leisure
and sport were offered. Where necessary, different imputation methods
like seasonal imputation, all items imputation or carry-forward were
applied. In total, this affected about 0.8% 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 111.28 in June 2021 with a harmonised inflation rate at 2.8%.
For more detailed information please refer to the German
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Last Changed 16.07.2021