Mnemonic | CPI.IAUT | |
---|---|---|
Unit | Index 2010=100, NSA | |
Adjustments | Not Seasonally Adjusted | |
Monthly | 0.5 % | |
Data | Feb 2021 | 120.8 |
Jan 2021 | 120.2 |
Source | Statistics Austria |
Release | Consumer Price Index |
Frequency | Monthly |
Start Date | 1/31/1957 |
End Date | 2/28/2021 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Wholesale Price Index | Mar 2021 | 106.3 | 104.6 | Index 2020=100, NSA | Monthly |
Consumer Price Index (CPI) | Feb 2021 | 120.8 | 120.2 | Index 2010=100, NSA | Monthly |
Producer Price Index (PPI) | Feb 2021 | 103.1 | 102.3 | Index 2015=100, NSA | Monthly |
For Austria, a detailed consumer price index (CPI) is published concurrently under four successive base years. This program is separate from the Eurostat-standard harmonized CPI.
The consumer price index (CPI) is a measure of general price trends and of inflation in Austria. In addition to its role as a general indicator of inflation, the CPI is used for the valorisation of fixed amounts of money (e.g. rents, living costs), and also provides the data on which wage and salary negotiations are based. Both consumer price indices are thus key indicators for Austrian and European data users.
The source writes:
The HICP by the following schemes:
The national CPI differs in certain respects from the coverage of the HICP from:
For the 2015- and 2020-variants, we back-extend the general index to 1957m1 using predecessors. We construct a seasonally adjusted counterpart using X-13ARIMA-SEATS.
The source writes:
Revisions were previously carried out every 10 years, today they must be conducted at five-year intervals in accordance with EU regulations (EC No. 2494/95). The aim is to adapt the basket of goods and services accordingly so it is representative for the current consumer behaviour of households.
The CPI has been subject to revisions since 1958, and was revised for the seventh time at the beginning of 2006.