FX.co ★ Austria’s HICP Holds Steady in January, Signaling Ongoing Price Weakness

Austria’s Harmonised Index of Consumer Prices (HICP) remained unchanged in January 2026, with the month‑over‑month reading holding at -0.8%, according to data updated on 25 February 2026. The latest figure matches the previous month’s change of -0.8%, indicating a continued decline in consumer prices on a monthly basis.

The January reading compares the change in prices to the previous month, while the earlier -0.8% figure reflected the change from two months prior. The repetition of the same negative rate suggests that short‑term disinflationary—or mildly deflationary—pressures persisted into the start of 2026, with no visible month‑to‑month rebound in consumer prices over this period. Investors and policymakers will be watching upcoming releases closely for signs of either stabilization or a shift back toward positive monthly inflation.