Inflation remains at four percent in October

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According to preliminary estimates, inflation in Austria remained unchanged at four percent in October. The service sector remains the strongest price driver. Inflation in the eurozone fell to 2.1 percent.

At 1.3 percent, inflation for industrial goods was slightly less pronounced than in September, when it stood at 1.4 percent.

Food, tobacco, and alcohol, on the other hand, rose by 3.9 percent, following a 3.8 percent increase in September.

The strongest price driver continues to be the service sector, where prices rose by 4.6 percent, following a 4.7 percent increase in September.

The strongest increase was seen in energy prices, which rose by 9.7 percent, even more dynamically than in September (8.1 percent), as year-on-year price increases were observed for electricity and gas.

The line chart shows the inflation rate in Austria from April 2024 to October 2025. Inflation will initially fall to around 2%, then rise from the beginning of 2025 and reach an estimated 4.0% in October 2025.

Core inflation, which covers services and industrial goods, was 3.4 percent, down from 3.5 percent in September,” said Manuela Lenk, Director General of Statistics Austria.

Inflation down in the eurozone

Goods and services in the eurozone rose in price by an average of 2.1 percent compared to the same month last year, according to figures released on Friday by the EU statistics office Eurostat.

Economists surveyed had expected this decline after the inflation rate rose to 2.2% in September. The European Central Bank (ECB) is aiming for a rate of 2%, which it considers optimal for the economy in the monetary union.