Austria’s consumer price inflation continued to cool in July 2026, with the CPI easing to 2.88% year-over-year, down from 3.21% recorded previously. The data, updated on 19 August 2026, indicate a further moderation in price pressures compared with the same month a year earlier.
Both the current and previous readings are based on year-over-year comparisons, measuring how prices in July 2026 and the prior month changed versus their respective levels a year earlier. The latest decline in the annual inflation rate suggests that cost-of-living pressures in Austria are gradually easing, which could influence expectations for monetary policy and household spending in the coming months.