The annual inflation rate in Austria rose to 2.2% in February 2026 from a thirteen-month low of 2% in the previous month, according to preliminary estimates. “Services were once again the main driver of inflation, with prices rising by 4.0%, after 3.8% in January. Energy prices fell by 4.1%, a significantly smaller decline than in January, when they fell by 4.9%. Fuel prices in particular had less of a dampening effect on inflation. Prices for food, tobacco and alcohol rose by 3.0% in February, which was stronger than in January, when the increase was 2.7%. Cigarettes in particular became noticeably more expensive in February,” according to Manuela Lenk, Director General Statistics at Statistics Austria. On a monthly basis, consumer prices increased by 0.8% in February, recovering from a 0.7% fall in the preceding period.