Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Austria
AUTCPIALLMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.65
Year-over-Year Change
2.91%
Date Range
1/1/1958 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Austria measures changes in the prices of goods and services purchased by Austrian consumers. It is a key indicator of inflation and an important tool for policymakers and economists.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for Austria, based on the Classification of Individual Consumption by Purpose (COICOP) standards, tracks the weighted average change in prices for a broad basket of consumer items. It is used to assess the overall cost of living and to inform monetary policy decisions.
Methodology
The data is collected through surveys of prices paid by households for a representative sample of goods and services.
Historical Context
The Austrian CPI is closely monitored by the European Central Bank as part of its mandate to maintain price stability in the Eurozone.
Key Facts
- The CPI is calculated monthly by Statistics Austria.
- The base year for the current index is 2015.
- Austria's CPI reached a record high of 111.3 in June 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Austria measures the changes in the prices of goods and services purchased by Austrian consumers.
Q: Why is this trend relevant for users or analysts?
A: The Austrian CPI is a key indicator of inflation and an important tool for policymakers and economists to assess the overall cost of living and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by households for a representative sample of goods and services.
Q: How is this trend used in economic policy?
A: The Austrian CPI is closely monitored by the European Central Bank as part of its mandate to maintain price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The CPI data is published monthly by Statistics Austria with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Austria (AUTCPIALLMINMEI), retrieved from FRED.