Press release: 12.113-179/19

Inflation decreased to 1.2% in September 2019 (HICP: 1.2%)

Vienna, 2019-10-16 – In September 2019, the inflation rate was +1.2%, as Statistics Austria reports (August 2019: +1.5%). Expenditures for housing, water and energy (+2.8% compared to September 2018) remained the most important price driver, followed by expenditures for restaurants and hotels (+3.1%). Decreasing prices for telecommunication and transport had a dampening effect on the inflation rate. The index level of the consumer price index 2015 (CPI 2015) was 107.0 in September. Compared to the previous month, the average price level increased by 0.5%.

The index level of the harmonised index of consumer prices (HICP 2015) was 107.42 in September 2019 (August revised 106.34), with the harmonised inflation rate amounting to +1.2%.

For more detailed information please refer to the German version.