Austria’s Harmonised Index of Consumer Prices (HICP) moved back into positive territory in August 2026, increasing by 0.5% month-over-month, according to the latest data updated on 17 September 2026. This marks a notable turnaround from the previous month’s 0.4% month-on-month decline.
The comparison is based on month-over-month changes: the latest “actual” figure reflects the price movement in August versus July, while the “previous” figure captured the change in July compared with June. The shift from a -0.4% reading to a 0.5% increase suggests a renewed build-up of price pressures in Austria after a brief period of declining prices. Investors and policymakers will now be watching closely to see whether this positive HICP momentum continues in the coming months or proves to be a short-lived rebound.