Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustriaAustria Harmonised Inflation Rate MoM climbed to 0.5% in August 2026
FMPMonthlyReleased September 2026
Austria Harmonised Inflation Rate MoM climbed to 0.5% in August 2026, released September 2026, up 0.9% from July's -0.4% reading. The reading matched expectations. The print is running well above the 12-month average of 0.38%. Over the past 3 months, Harmonised Inflation Rate MoM averaged -0.08%, vs 0.55% in the prior 3-month window. The reading is in the 72nd percentile of the trailing 24-month range.
Latest Release
0.5
Actual
0.5
Consensus
-0.4
Previous
Median Absolute Error
±0.13 percentage points
across last 12 releases
Last Call
Sep 2026
Predicted: 0.48
Actual: 0.5
Error: -0.03
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.65 | COMMODITIES | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.46 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Harmonised Inflation Rate MoM (Austria) was reported at 0.5% in September 2026. This matched the market consensus of 0.5% exactly. The reading rose from the previous value of -0.4%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 0.22%, ranging from -0.8% to 1.1% across 22 releases.
WHY IT MATTERS
The trailing three releases averaged 0.2%, up from the prior three at -0.1%. Volatility over the past year (σ 0.48%) is higher than the prior year (σ 0.28%). In September readings over the past 3 years, Harmonised Inflation Rate MoM has averaged 0.39%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with GBP/USD, negatively correlated (Bearish GBP). Over the last 12 releases, the Sigmacast model's median absolute error is 0.13%.
WHAT TO WATCH NEXT
The next release is scheduled for September 17, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
Harmonised Inflation Rate MoM - AT
Loading chart data...
About Harmonised Inflation Rate MoM — Austria
DEFINITION
The Harmonised Inflation Rate MoM (Month-over-Month) is a key economic indicator that measures the change in the overall price level of goods and services in a country over a one-month period. It takes into account the prices of a wide range of consumer goods and services, providing a comprehensive view of inflation trends. This indicator is used by policymakers, investors, and businesses to monitor and analyze the impact of inflation on the economy and make informed decisions. A higher Harmonised Inflation Rate MoM indicates an increase in prices, while a lower rate suggests a decrease in inflation.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 0.5 %, consensus 0.5 %. Prior reading (Aug 2026): 0.5 %. Before that (Jul 2026): -0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.65) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - AT Events
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | AT | Inflation Rate YoY | 3.2 | 2.8 | 3.2 | 3.20 | Low |
| 07:00 | AT | Inflation Rate MoM | 0.6 | 0 | 0.6 | 0.60 | Low |
| 07:00 | AT | Harmonised Inflation Rate YoY | 2.9 | 2.7 | 2.9 | 2.90 | Low |
| 07:00 | AT | Harmonised Inflation Rate MoM | 0.5 | -0.4 | 0.5 | 0.50 | Low |