Inflation escalates: prices rise by 3.1% – this is what you need to know!

Inflation escalates: prices rise by 3.1% – this is what you need to know!

Inflation in Austria rose to 3.1% in April 2025, as the standard reported. This figure represents an increase of 0.1 percentage points compared to March, where the inflation rate was 2.9%.

Inflation is significantly influenced by rising costs for electricity, rent and package holidays. Inflation is particularly noticeable in the catering sector, which is almost twice as high as the general inflation rate. In the food sector, however, inflation is slightly below average.

History of inflation rates

In 2023, inflation in Austria was 7.8%. In the following months, the rates fell until a lower limit of 2% was reached again at the end of the year, as was the case Statistics Austria notes. The decline in inflation was particularly noticeable in 2024, when rates fluctuated between 1.8% and 3.5% in individual months, but stabilized at 2.0% in December 2024.

The statistical data shows that inflation started 2023 with monthly peaks such as 9.7% in April and 11.2% in January. In comparison, a clear calming of market developments was observed in 2024.

Influences on prices

The costs for energy and rents have proven to be a significant influence on price developments. While fuel prices had a dampening effect on inflation in April 2025, the rise in the cost of living remains a key issue in other areas. These trends raise questions about future economic stability and the role of the public sector, which plays a key role in stabilizing inflation.

The current developments in the inflation rate make it clear that various factors will contribute to price developments in both 2023 and 2024 and into 2025. Austria's consumers must therefore prepare for further fluctuations while the public sector strives to find solutions to stabilize the situation.