Average inflation measured by CPI rose 13.0% to 2.10% in Austria in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Austria reached an all time high of 2.10% in 2020 and an all time low of 0.005% in 2009. When compared to Austria's main peers, average inflation measured by CPI in Germany amounted to 2.08%, 2.97% in Hungary, 1.48% in Italy and 1.00% in Switzerland in 2020.
Austria has been ranked 122nd within the group of 171 countries we follow in terms of average inflation measured by CPI, 7 places above the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Austria | % | 0.021% | 0.020% | 0.015% | 2.10% | 2.10% | ||||||||||||||||
Belgium | % | 0.021% | 0.021% | 0.014% | 1.79% | 1.92% | ||||||||||||||||
Czech Republic | % | 0.025% | 0.021% | 0.028% | 2.00% | 2.00% | ||||||||||||||||
France | % | 0.010% | 0.019% | 0.011% | 1.75% | 1.82% | ||||||||||||||||
Germany | % | 0.015% | 0.017% | 0.014% | 2.08% | 2.29% | ||||||||||||||||
Hungary | % | 0.023% | 0.029% | 0.033% | 2.97% | 2.95% | ||||||||||||||||
Italy | % | 0.012% | 0.011% | 0.006% | 1.48% | 1.58% | ||||||||||||||||
Poland | % | 0.021% | 0.018% | 0.022% | 2.50% | 2.50% | ||||||||||||||||
Slovakia | % | 0.013% | 0.025% | 0.027% | 2.03% | 2.03% | ||||||||||||||||
Slovenia | % | 0.014% | 0.017% | 0.016% | 2.03% | 2.03% | ||||||||||||||||
Switzerland | % | 0.005% | 0.009% | 0.004% | 1.00% | 1.00% |