Press release: 12.043-109/19

Inflation remains at 1.7% in May 2019 (HICP: 1.7%)

Vienna, 2019-06-18 – In May 2019, the inflation rate was 1.7% (April 2019 1.7%), as Statistics Austria reports. Expenditures for housing, water and energy (+3.0% compared to May 2018) proved to be the most important price driver, followed by expenditures for restaurants and hotels (+2.7%). The index level of the consumer price index 2015 (CPI 2015) was 106.7 in May. Compared to the previous month, the average price level increased by 0.2%.

The index level of the harmonised index of consumer prices (HICP 2015) was 107.17 in May 2019, with the harmonised inflation rate amounting to +1.7%.

For more detailed information please refer to the German version.