The inflation in Austria drops in July 2026. It is now at 2,7 percent. In June it is at 3,2 percent. A new office shows this. The office is Statistik Austria.
Food costs less in July. This is due to the new tax. The government lowers the tax for basic food. The tax drops from 10 percent to 4,9 percent.
Services stay expensive. Prices for energy and fuel rise again. A war in Iran causes this. The government helps with fuel prices.
Experts warn about higher prices. Heat hurts the farms in Europe. Farmers harvest less food. People call this climate inflation. Food prices can rise soon.
