FX.co ★ Austria’s Monthly Inflation Swings Back to Positive in February, CPI Rises 0.8% MoM

Austria’s consumer price dynamics shifted sharply in February 2026, with the month‑over‑month Consumer Price Index (CPI) moving back into positive territory at 0.80%. This marks a notable turnaround from the previous month’s deflationary reading of -0.70%, based on data updated on 18 March 2026.

The figures are calculated on a month‑over‑month basis, meaning February’s 0.80% print reflects the change in prices compared with January, while the earlier -0.70% represented January’s change versus December. The reversal from negative to positive territory suggests a reacceleration in price pressures within a single month, signaling renewed upward momentum in consumer prices after a brief period of decline.

For investors and policymakers, the sharp swing in Austria’s short‑term inflation profile will be closely watched, as it may influence expectations around household purchasing power, corporate pricing strategies, and the trajectory of monetary policy in the euro area context.