Prices in Austria continue to rise: inflation remains at 2.9%!

Prices in Austria continue to rise: inflation remains at 2.9%!

The price level in Austria faces another challenge as inflation remains constant. According to an initial estimate by Statistics Austria, the inflation rate will remain at 2.9 percent in March 2025. These figures show that inflation has been relatively stable in recent months. Nevertheless, concerns about rising prices, particularly in certain areas of daily life, remain a key issue.

A key factor in inflation is services, whose prices rose by 4.2 percent. Food, tobacco and alcohol also recorded an increase of 3.2 percent. These developments are particularly important for households that rely on stable price conditions. In the area of ​​energy costs, however, moderate increases of 2.2 percent were recorded compared to the previous year, with lower fuel costs partially offsetting the higher electricity prices.

Price analysis and trends

The continuous adjustment of prices is remarkable when you look at developments over the last few months. Inflation was 3.2 percent in February 2025 and 3.3 percent in January, while it is expected to stagnate at 2.9 percent in March 2025. In 2024, inflation fell back to 2.9 percent over the course of the year, with levels falling from 3.5 percent in April to 2.0 percent in December. These developments show that inflation has fluctuated significantly in recent years.

In recent months, consumers have particularly felt the effects of rising prices for food and services. The general economic situation also plays a role here, which has been influenced by various external factors in recent years.

Long-term perspectives

When you look at the development of inflation since 2023, it is noticeable that prices have risen sharply. Inflation in 2023 was 7.8 percent, well above the ECB target value. The peak of 9.7 percent was reached in April 2023, while the values ​​fell over the course of the year. These tough economic conditions require many households to plan their spending carefully and develop alternative strategies to minimize financial pressure.

Overall, the current inflation situation in Austria shows that the pressure on consumers continues despite stable values. The focus of political and economic actors will now be on taking appropriate measures to stabilize price developments in the long term. This topic remains particularly important in light of global economic trends.

For further details on the current inflation situation refer to Cosmo on developments in Austria and their importance for consumers.

Statistics Austria provides extensive statistics on price developments your portal to.