What is headline inflation of headline inflation

Above-average price increases for mini and micro shopping carts as well as private car traffic in 2018

Press release: 11.944-010 / 19

Vienna, 2019-01-17 - According to calculations by Statistics Austria, the annual rates of change in the mini shopping cart (+ 4.2%), the micro shopping cart (+ 2.6%) and the car index (+ 3.1%) were in some cases significantly higher the general inflation rate for 2018 (+ 2.0%). The rate of price increase for the tariffs and fees index (+ 1.8%), however, was just below this.

Price increases for tariffs and fees in 2018 by 0.2 percentage points lower than overall inflation

The index for tariffs and fees includes prices for goods and services that are fully or partially set by the state (by laws or ordinances of the federal, state or local governments). In 2018, tariffs and fees rose by an average of 1.8% (influence on the general inflation rate: +0.15 percentage points) and were thus slightly below the general inflation rate of 2.0%. Higher prices for local public transport (+ 3.9%) and for care places for senior citizens (+ 2.3%) influenced the general inflation rate by +0.04 percentage points and +0.02 percentage points, respectively.

The index for private car traffic rose due to higher fuel prices

The rate of change in the car index, which measures the price development for the acquisition and operation of cars (new / used vehicles, repairs and spare parts, fuels and lubricants, parking fees, etc.) was + 3.1% in 2018 (influence on the general Inflation rate: +0.35 percentage points). The main reason for this was the significant increase in fuel prices (+ 9.0%; influence: +0.27 percentage points). Maintenance and repairs of private transport increased by 2.9% in 2018 (influence: +0.05 percentage points).

The inflation rates of the micro and mini shopping carts were higher than headline inflation

The average price level of the micro-shopping cart, which represents a daily purchase and mainly contains food, but also daily newspapers or coffee in the coffee house, rose by an average of 2.6% in 2018 (influence on the general inflation rate: +0.09 percentage points). However, there was significant price relief for food over the course of the year, so that below-average inflation rates have been measured for the micro-shopping cart since September 2018.

The average price level of the mini shopping cart, which represents a typical weekly purchase and contains fuel in addition to goods and services for short-term consumption, increased by an average of 4.2% in 2018 (influence on the general inflation rate: +0.67 percentage points). .

Information on the methodology, definitions: All goods and services of the special indices (index for tariffs and fees, price index for private car traffic, mini shopping cart and micro shopping cart) come from the general CPI shopping cart and are summarized and evaluated for analytical purposes in the corresponding aggregates .
The average price development at twelve-month intervals is referred to as the inflation rate.
Influence = rate of change x weight of the item concerned (simplified representation).

Questions on the topic will be answered by the Economics Directorate, Statistics Austria:
Mag.Michaela MAIER, Tel. +43 (1) 71128-7187 or [email protected]

 

yearIndex for tariffs and fees *)Price index for the
private car traffic
Mini shopping cartMicro cart
 Base year 2010+/- %Base year 2010+/- %Base year 2010+/- %Base year 2010+/- %
2000 - 7,4 - -
2001 - 2,4 3,1 4,9
2002 - 1,2 2,0 2,3
2003 - 2,0 1,9 2,7
2004 - 3,1 3,1 3,1
2005 - 3,7 4,5 1,5
2006 2,7 2,1 2,5 1,6
2007 2,6 1,4 2,8 5,0
2008 2,7 5,6 7,9 6,1
2009 1,8 -4,3 -3,4 -0,2
2010100,00,9100,04,0100,03,4100,00,6
2011102,02,0105,85,8106,76,7103,83,8
2012104,42,4108,62,6110,73,7107,13,2
2013106,82,3108,1-0,5112,11,3110,73,4
2014109,92,9108,50,4113,21,0113,82,8
2015112,62,5104,9-3,3111,7-1,3115,01,1
2016114,01,2103,0-1,8111,0-0,6116,71,5
2017115,91,7105,82,7114,93,5121,44,0
2018118,01,8109,13,1119,84,3124,52,6
yearIndex for tariffs and fees *)Price index for the
private car traffic
Mini shopping cartMicro cart
 Base year 2015+/- %Base year 2015+/- %Base year 2015+/- %Base year 2015+/- %
2015100,0 100,0 100,0 100,0 
2016101,21,298,1-1,999,4-0,6101,51,5
2017102,91,7100,92,9102,93,5105,53,9
2018104,81,8104,03,1107,24,2108,22,6

Media owner, manufacturer and publisher:
Federal Statistical Office Austria, editor: Mag. Beatrix Tomaschek
1110 Vienna, Guglgasse 13, Tel .: +43 (1) 71128-7851
[email protected] © STATISTIK AUSTRIA



© STATISTICS AUSTRIA, last change on January 17th, 2019

STATISTICS AUSTRIA
Federal Statistics Austria
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[email protected]