31.07.202607:00:00UTC+00Austria Slides Into Consumer Price Deflation in July as CPI Falls 1% MoM

Austria’s consumer prices declined in July 2026, with the country’s Consumer Price Index (CPI) registering a month‑over‑month drop of 1.00%, according to data updated on 31 July 2026. This marks a notable shift from June 2026, when prices were flat and the MoM CPI stood at 0.00%.

The July reading indicates that, on average, consumer prices in Austria were lower than in June, signaling the onset of deflationary pressure on a monthly basis. The comparison is made against the previous month, with the June figure itself measured against May, underscoring a move from price stagnation to outright decline within just one month.

The negative CPI print may draw increased attention from policymakers and market participants, as sustained price drops can affect consumer behavior, corporate earnings, and monetary policy expectations. For now, the latest figures highlight a clear cooling in short‑term price dynamics across the Austrian economy.