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Index of money in circulation and living costs (excluding housing) 1914-1918 (Index, July 1914 = 1)

Source: März, Eduard: Österreichische Bankpolitik in der Zeit der großen Wende 1913–1923, Wien 1981, 213-14. The extent to which black market prices were included in the index is not known.

Copyright 
Derek Weber

Verwendet bei

  • Chapter

    War-related inflation in Austria

    During the First World War, the interaction of public debt, increasing money in circulation and a considerable rise in demand for armaments, together with the shortage of food supplies, rapidly led to inflation.