The annual inflation rate in Austria rose to 3.4% in April 2026 from 3.2% in March, revised higher from initial estimates of 3.3%. This marks the highest reading since late December, with fuel and heating oil prices accounting for nearly a third of overall inflation, contributing around 1 percentage point, while transport emerged as the strongest upward driver (+7.7% annually), led by a 28.0% surge in fuels. Inflation was also pushed higher by increased costs in housing, water, electricity, gas and other fuels (+3.3%), as well as restaurants and accommodation services (+4.9%). Meanwhile, the introduction of a fuel price cap helped limit the overall increase, while an earlier Easter weighed on package holiday prices, also slightly dampening inflation. On a monthly basis, consumer prices increased by 0.4% in April, easing from a 1.2% rise in March. The harmonised inflation rate (HICP) also rose by 3.4% year-on-year, the highest in four months.