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Austria’s September 2026 flash estimate puts inflation at 3.5% year over year on the EU-harmonised HICP measure and 3.6% on the national CPI measure. The CPI rate rose from 3.2% in August; Statistics Austria says higher fuel and heating oil prices accounted for that increase. Both September figures are preliminary estimates.
What was Austria’s inflation rate in September 2026?
Statistics Austria’s October 2 flash estimate reports two different annual rates: national CPI inflation was 3.6%, while HICP inflation was 3.5%. The monthly change was 0.2% for CPI and 0.6% for HICP. These are separate indices, not conflicting readings of one measure. Statistics Austria’s September flash release reports the CPI figures; its HICP flash release reports the harmonised figures.
Why did CPI inflation rise from August?
The national CPI rate increased by 0.4 percentage points, from 3.2% in August to 3.6% in September. Statistics Austria attributed the entire increase to higher fuel and heating oil prices. Energy prices were up 14.5% year over year, compared with 9.9% in August. The agency’s Director General for Statistics, Manuela Lenk, said: “This rise of 0.4 percentage points is entirely attributable to higher fuel and heating oil prices.” The flash release provides the attribution and category figures.
Which prices contributed most to the September CPI rate?
Services remained the largest contributor to the overall CPI rate, even though energy prices rose more quickly and explain the month-to-month increase in the inflation rate.
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| Category | September change year over year | CPI basket weight | Contribution to CPI rate |
|---|---|---|---|
| Services | 4.2% | 49.50% | 2.031 percentage points |
| Energy | 14.5% | 8.19% | 1.207 percentage points |
| Core inflation, defined as industrial goods plus services | 3.0% | Not stated in the September flash release | Not stated in the September flash release |
| Industrial goods | 0.7% | Not stated in the September flash release | Not stated in the September flash release |
| Food, tobacco and alcohol | 1.0% | Not stated in the September flash release | Not stated in the September flash release |
Figures in the table are Statistics Austria’s September flash estimates; weights and contributions refer to the national CPI basket. The release gives the full reported category breakdown.
Why are the CPI and HICP rates different?
The CPI tracks prices for households living in Austria. The HICP is designed for comparisons across the European Union and also includes expenditure by non-resident tourists. The indices differ primarily in their weighting, so their annual and monthly rates can diverge. Statistics Austria’s HICP flash release explains the distinction and cautions against treating the flash estimate as the final CPI or HICP result.
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How preliminary is the September estimate?
A flash estimate uses price data available at the end of the reference month. Statistics Austria says usually 80% to 90% of collected CPI prices are available for these estimates, and those prices have not yet undergone the full statistical validation process. Later price reports and routine corrections can change the results. The agency says the flash CPI estimate must not be used for contractual value adjustments. Its flash-estimate explanation describes the data and limitations.
As of October 3, 2026, Statistics Austria had scheduled preliminary September CPI and HICP results for October 16 and final results for November 18. The rates and category details here therefore reflect the October 2 flash estimate, not the later validated releases. The CPI release and the HICP release provide those dates.
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How September compares with August
In August 2026, annual inflation was 3.2% on the CPI and 2.9% on the HICP; monthly CPI inflation was 0.6%. September’s flash estimate therefore shows a higher annual rate on both measures, while monthly CPI inflation slowed to 0.2%. August’s category findings should not be read as September data. Statistics Austria’s August release contains the earlier figures.
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