Austria - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Austria was 123.00 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 123.00 in 2021 and a minimum value of 17.82 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 17.82
1961 18.46
1962 19.26
1963 19.79
1964 20.55
1965 21.56
1966 22.01
1967 22.88
1968 23.52
1969 24.24
1970 25.30
1971 26.49
1972 28.17
1973 30.30
1974 33.18
1975 35.98
1976 38.62
1977 40.74
1978 42.19
1979 43.76
1980 46.53
1981 49.69
1982 52.39
1983 54.14
1984 57.21
1985 59.03
1986 60.04
1987 60.88
1988 62.05
1989 63.64
1990 65.72
1991 67.91
1992 70.64
1993 73.21
1994 75.37
1995 77.06
1996 78.49
1997 79.52
1998 80.25
1999 80.71
2000 82.60
2001 84.79
2002 86.33
2003 87.50
2004 89.30
2005 91.35
2006 92.67
2007 94.68
2008 97.72
2009 98.22
2010 100.00
2011 103.29
2012 105.85
2013 107.97
2014 109.71
2015 110.69
2016 111.68
2017 114.00
2018 116.28
2019 118.06
2020 119.69
2021 123.00

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices