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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustriaAustria HICP MoM fell to 0.5% in April 2026
FMPMonthlyReleased May 2026
Austria HICP MoM fell to 0.5% in April 2026, released May 2026, down 0.6% from March's 1.1% reading. The print exceeded the 0.4% consensus by 0.1%. The print is running well above the 12-month average of 0.29%. Over the past 3 months, HICP MoM averaged 0.37%, vs 0.22% in the prior 3-month window. The reading is in the 68th percentile of the trailing 24-month range.
Latest Release
0.5
Actual
0.4
Consensus
1.1
Previous
Median Absolute Error
±0.03 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 0.4
Actual: 0.5
Error: -0.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.70 | COMMODITIES | Bearish XAU | → View |
| GBP/USD | ▼ Inverse | −0.48 | FOREX | Bearish GBP | → View |
| EUR/USD | ▼ Inverse | −0.47 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
HICP MoM (Austria) was reported at 0.1% in June 2026. The reading fell from the previous value of 0.5%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.26%, ranging from -0.8% to 1.1% across 22 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.57%, up from the prior three at 0.27%. Volatility over the past year (σ 0.44%) is higher than the prior year (σ 0.3%). In June readings over the past 3 years, HICP MoM has averaged -0.03%.
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 0.03%.
WHAT TO WATCH NEXT
The next release is scheduled for June 17, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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HICP MoM - AT
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About HICP MoM — Austria
DEFINITION
Austria's HICP MoM rose 0.10% in May, down sharply from April's 0.50%. The slowdown signals easing inflationary pressures after a moderate increase last month. Market focus now shifts to upcoming ECB policy decisions amid subdued price growth. Updated 6/2/26
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 (May 2026): actual 0.1 %. Prior reading (Apr 2026): 0.5 %. Before that (Apr 2026): 0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.70) — a useful reference for commodities-focused traders.