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Inflation Falls to 2.7 Percent in July – Food prices...

Summary by Die Presse
Since the beginning of July, the reduction in VAT introduced by the government has been resorting to some basic foodstuffs, according to the current rapid estimate by Statistik Austria.

11 Articles

Right

A month ago, the consumer price index was at 3.9% - Inflation in the Eurozone at 2.9% - Energy, services and food had the largest increases

·Marousi, Greece
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Lean Right

The reduction in value added tax on basic foodstuffs is likely to have contributed significantly to lower inflation.

·Vienna, Austria
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Lean Right

Since the beginning of July, the reduction in VAT introduced by the government has been resorting to some basic foodstuffs, according to the current rapid estimate by Statistik Austria.

·Vienna, Austria
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Center

The price pressure for consumers in North Rhine-Westphalia is increasing again. Fuels and fuel oil are significantly more expensive than a year ago. However, this is not the case for food. Consumer prices in North Rhine-Westphalia have risen again faster. The inflation rate in July was 2.7 percent, as reported by the State Statistical Office IT.NRW on the basis of preliminary data.In June the rate was 2.1 percent, in May 2.4 percent.The price tr…

·Hamburg, Germany
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According to a quick estimate by Statistik Austria, the inflation rate is expected to be 2.7 percent in July 2026. Compared to the previous month of June, the price level is expected to fall by 0.1 percent. Inflation is expected to decline from 3.2 to 2.7 percent in July 2026. As Statistik-Austria-General Director Manuela Lenk reports, about half of this decline can be explained by cheaper food. By reducing the value added tax on staple foods fr…

Inflation in Slovakia fell to three percent in July, according to Eurostat's flash estimate, which is its lowest level in two years. It slowed down more significantly than the summer forecast of the National Bank of Slovakia, which was mainly contributed by the continued decline in food prices. In August, the overall price increase is expected to...

·Bratislava, Slovakia
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stern.de broke the news in Hamburg, Germany on Thursday, July 30, 2026.
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