Prices explode: Electricity and food drive inflation in Austria!

Prices explode: Electricity and food drive inflation in Austria!

Österreich - In Austria, the price increases stop! In February 2025, the average price level increased by a remarkable 0.6 percent compared to the previous month and recorded an increase of 3.2 percent over the course of the year. The drastic increases in electricity prices are particularly striking: these have increased by a whopping 35.7 percent in the year, which is significantly due to the expiry of the electricity price brake and the recently increased network costs. According to Tobias Thomas, the General Director of Statistics Austria, the influence of the higher network charges and increased CO₂ taxes are reflected in these figures that have applied since January. The inflation would be far lower without the cost of living, water and energy with only 2.1 percent, such as 5min.at reported.

prices for services and food increases significantly

Inflation is also heated by the price increases in the catering trade, where the costs for services in restaurants and hotels increase an average of 6.0 percent. The prices for goods and services overall also increased by 4.2 percent, which also affects the daily life of consumers. The increase in food and non -alcoholic beverages with an increase of 2.6 percent was particularly dramatic. These developments in the price structure have ensured that the cost of living is unexpectedly stressful, such as "https://exxpress.at/economy/februar-inflation-lebt-unveraendert-preheiter/"> Exxpress.at stated.

for leisure and culture, prices rose by an average of 3.3 percent, while traffic costs only increased by 0.8 percent, which was alleviated by sunken fuel prices. The overall inflation rate remains at a high level, from which consumers will not recover by the end of the year.