– In December 2018, the inflation rate was +1.9%, whereas it had been
+2.2% in November, as Statistics Austria reports. Lower price dynamics
for fuels and cheaper flight tickets were mainly responsible for the
decrease of the December inflation rate. Expenditures for housing, water
and energy (+2.3% compared to December 2017) proved to be the most important
price driver, followed by expenditures for restaurants and hotels (+2.8%).
The index level of the consumer price index 2015 (CPI 2015) was 106.3
in December. Compared to the previous month, the average price level
increased by 0.1%.
The index level of the harmonised
index of consumer prices (HICP 2015)
was 106.74 in December 2018, with the harmonised inflation rate amounting
to +1.7%. Thus, for the first time since November 2015, the harmonised
inflation rate was lower than the CPI inflation.
For more detailed information please refer to the German
© STATISTICS AUSTRIA,
Last Changed 17.01.2019