Austria’s Ministry of Finance published an initial reaction from Finance Minister Markus Marterbauer to the inflation flash estimate, noting that the inflation rate eased slightly in December but remains well above acceptable levels. He said the federal government has already taken initial steps to curb inflation and expects these measures to start showing effects soon. Measures cited include the rent brake for housing, actions affecting energy prices, and regulatory measures related to food prices. Marterbauer highlighted particularly strong price increases in the services sector, including accommodation and gastronomy, and reiterated plans to examine fuel prices more closely, arguing that the sharp fall in global crude oil prices has not been reflected at the pump.
Ministry of Finance (Austria) 2026-01-07
Austria’s Ministry of Finance signals closer scrutiny of fuel prices as inflation remains too high
Austria's Ministry of Finance reported a slight easing in the inflation rate for December, though it remains high, with Finance Minister Markus Marterbauer noting government measures like the rent brake and energy price actions are expected to impact soon. Marterbauer emphasized significant price hikes in services and plans to scrutinize fuel prices, as global crude oil price drops have not been mirrored at the pump.