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Moderate Disinflation In February

AUSTRIA
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Austrian February flash HICP was 4.2% Y/Y (vs 4.3% prior), the lowest since December 2021. CPI was 4.3% Y/Y (vs 4.5% prior).

  • On an NSA monthly basis, both HICP and CPI rose +0.7% M/M after negative readings in January.
  • The press release notes that food and household energy prices were a key source of disinflation in February, while fuel prices were flat on an annual basis.
  • Austria makes up 3.5% of the 2024 Eurozone HICP basket.
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Austrian February flash HICP was 4.2% Y/Y (vs 4.3% prior), the lowest since December 2021. CPI was 4.3% Y/Y (vs 4.5% prior).

  • On an NSA monthly basis, both HICP and CPI rose +0.7% M/M after negative readings in January.
  • The press release notes that food and household energy prices were a key source of disinflation in February, while fuel prices were flat on an annual basis.
  • Austria makes up 3.5% of the 2024 Eurozone HICP basket.