Consumer price index

CPI and HICP overview

The consumer price index (CPI) is a measure of general price trends and of inflation in Austria. The harmonised index of consumer prices (HICP) is the basis for a comparative measurement of inflation in Europe and for evaluating the stability of monetary values within the Eurozone. In addition to its role as a general indicator of inflation, the CPI is used for the valorisation of fixed amounts of money (e.g. rents, living costs), and also provides the data on which wage and salary negotiations are based. Both consumer price indices are thus key indicators for Austrian and European data users. The CPI has been subject to revisions since 1958, and was revised for the ninth time at the beginning of 2016. The previous “Consumer Price Index 2010” was replaced by the series based on 2015; the new index series is thus known as “CPI 2015”. Appropriate chaining factors (available only on the German Website) are used to continue previous indices.

CPI/HICP revision 2015

Revisions were previously carried out every 10 years, today they must be conducted at five-year intervals in accordance with EU regulations (EC No. 2494/95). The aim is to adapt the basket of goods and services accordingly so it is representative for the current consumer behaviour of households. The actual baskets for the two consumer price indices, the CPI and the HICP, and their weightings have been revised and redesigned by Statistics Austria in 2015. These works have not stopped yet and will be finished during the year 2016. The basis for the weighting structure is provided by data relating to private consumption from the System of National Accounts for 2014 and the household expenditure survey 2014/15 (results will be available in autumn 2016). The new consumer price index series baseyear 2015 starts with the index for January 2016.

In addition to the overall inflation rate and the appertaining index numbers, the CPI provides main groups in accordance with COICOP (Classification of Individual Consumption by Purpose) and federal index numbers for individual goods and services in the basket. It furthermore provides special aggregates such as a price index for pensioners’ households, a price index for private transport and a price index at constant tax rates.

Please consult our German Website for tables containing further information.

CPI inflation rates
HICP 2015
HICP inflation rates from 1995
Timetable for publication in 2020
Methodological Information – Impact of COVID-19 on the computation of the Consumer Price Index

18.11.2020Inflation decreased to 1.3% in October 2020 (HICP: 1.1%)PDF33 KB
16.10.2020Inflation increased to 1.5% in September 2020 (HICP: 1.3%)PDF34 KB
17.09.2020Inflation decreased to 1.4% in August 2020 (HICP: 1.4%)PDF34 KB
19.08.2020Inflation increased to 1.7% in July 2020 (HICP: 1.8%)PDF37 KB
17.07.2020Inflation increased to 1.1% in June 2020 (HICP: 1.1%)PDF37 KB
17.06.2020Inflation decreased to 0.7% in May 2020 (HICP: 0.6%)PDF37 KB
20.05.2020Inflation decreased to 1.5% in April 2020 (HICP: 1.5%)PDF36 KB
17.04.2020Inflation decreased to 1.6% in March 2020 (HICP: 1.6%)PDF31 KB
18.03.2020Inflation increased to 2.2% in February 2020 (HICP: 2.2%)PDF35 KB
21.02.2020Inflation increased to 2.0% in January 2020 (HICP: 2.2%)PDF35 KB
17.01.2020Average annual inflation rate of consumer prices at +1.5% in 2019 (HICP: 1.5%)PDF141 KB
17.01.2020Inflation increased to 1.7% in December 2019 (HICP: 1.8%)PDF34 KB
18.12.2019Inflation remains at 1.1% in November 2019 (HICP: 1.2%)PDF35 KB
15.11.2019Inflation decreased to 1.1% in October 2019 (HICP: 1.0%)PDF35 KB
16.10.2019Inflation decreased to 1.2% in September 2019 (HICP: 1.2%)PDF35 KB
18.09.2019Inflation increased to 1.5% in August 2019 (HICP: 1.4%)PDF35 KB
19.08.2019Inflation decreased to 1.4% in July 2019 (HICP: 1.4%)PDF35 KB
17.07.2019Inflation decreased to 1.6% in June 2019 (HICP: 1.6%)PDF35 KB
18.06.2019Inflation remains at 1.7% in May 2019 (HICP: 1.7%)PDF35 KB
17.05.2019Inflation decreased to 1.7% in April 2019 (HICP: 1.7%)PDF35 KB
17.04.2019Inflation increased to 1.8% in March 2019 (HICP: 1.7%)PDF35 KB
15.03.2019Inflation decreased to 1.5% in February 2019 (HICP: 1.4%)PDF35 KB
22.02.2019Inflation decreased to 1.7% in January 2019 (HICP: 1.7%)PDF35 KB
17.01.2019Inflation decreased to 1.9% in December 2018 (HICP: 1.7%)PDF35 KB
17.01.2019Average annual inflation rate of consumer prices at 2.0% in 2018 (HICP: 2.1%)PDF141 KB

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