Inflation in Austria: Explode prices for electricity and rent!

Inflation in Austria: Explode prices for electricity and rent!

Vienna, Österreich - Inflation in Austria achieved an increase to 3.1 percent in April 2025, as reported vienna.at. This development follows a revision of the inflation rate for the previous month, which is now recorded at 3.0 percent. The main influence factors for the increase are the increased prices for electricity, rent and package tours. Without the price increase through the Easter holidays, the inflation rate would only have been 2.8 percent.

The electricity prices that rose by 36.4 percent in the year are particularly striking. A combination of the suspension of state relief measures and higher network charges have contributed significantly to this increase. The costs for apartment, water and energy have also increased by 5.2 percent compared to the previous year, which increases the burden on households.

price development in different sectors

A look at other areas shows that prices in restaurants and hotels have risen by 5.8 percent, which is almost twice as high as general inflation. This makes it clear that the inflation in gastronomy is still very pronounced. Food and non -alcoholic drinks also increased by 2.9 percent in April. Coffee and other staples that have become considerably more expensive are particularly affected; Coffee, for example, recorded a price increase of 19 percent.

In contrast to the rising prices for many consumed products, fuel prices dropped: super gasoline became 9.8 percent cheaper, while diesel fell by 9.9 percent. Flag tickets also became more expensive, on average prices rose by 11.1 percent.

statistics of inflation development

According to the data of the harmonized consumer price index (HVPI), the inflation rate in April increased with 3.3 percent in the year. The monthly development shows that the general inflation was increased by 0.2 percent at a distance of the month. A more detailed look at the inflation of the past few months shows that the inflation rates from 3.2 percent in February and January 2025 fell to 2.9 percent in March. In 2024, inflation was significantly reduced to 2.9 percent, from a maximum value of 7.8 percent in 2023.

The consumer price index (VPI) and the HVPI are central instruments for measuring the price changes of goods and services over time in Austria. These indices, which are published every month by statistics Austria, are essential for various economic analyzes as well as for value security and wage negotiations. They are based on a shopping cart that is represented by the expenses of an average household in Austria and is structured according to the COICOP classification, as [wko] (https://www.wko.at/zumens-daten-fakten/ consumer price index) emphasizes.