WIFO-Monatsberichte (monthly reports)

The WIFO-Monatsberichte (monthly reports) contain research results and publications by WIFO staff on national and international economic developments based on sound economic analyses. Additionally, important key figures on the international and Austrian economic situation are published in the WIFO-Monatsberichte.

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Jesús Crespo Cuaresma (Vienna University of Economics and Business)
Claudia Kemfert (German Institute for Economic Research)
Philipp Schmidt-Dengler (University of Vienna)
Jens Südekum (Heinrich Heine University Düsseldorf)
Andrea Weber (Central European University)

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Leichte Verbesserung der Konjunktureinschätzungen zu Jahresbeginn. Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom Jänner 2023 (Slight Improvement in Economic Sentiment at the Beginning of the Year. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023)
WIFO-Monatsberichte, 2023, 96(2), pp.87-97
Online since: 06.03.2023 0:00
 
Die Ergebnisse des WIFO-Konjunkturtests vom Oktober zeigen im Quartalsvergleich für sämtliche Sektoren eine neuerliche Verschlechterung der Konjunkturbeurteilungen und eine weitere Eintrübung der Konjunkturerwartungen. Die Kapazitätsauslastung ging zwar ebenfalls in allen Sektoren zurück, blieb aber noch auf durchschnittlichem Niveau. In der Gesamtwirtschaft war wie in den Vorquartalen der "Mangel an Arbeitskräften" das wichtigste Hemmnis der Geschäftstätigkeit, allerdings gewinnt der "Mangel an Nachfrage" an Bedeutung. Die unternehmerische Unsicherheit stieg in den vergangenen Monaten weiter an. Auch die Verkaufspreiserwartungen blieben überdurchschnittlich.
JEL-Codes:E32, E66
Keywords:WIFO-Konjunkturtest, Quartalsdaten, Konjunktur
Research group:Macroeconomics and Public Finance – Industrial, Innovation and International Economics – Regional Economics and Spatial Analysis
Language:German

Slight Improvement in Economic Sentiment at the Beginning of the Year. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2023
The results of the WIFO-Konjunkturtest (business cycle survey) of January show a slight improvement in economic assessments compared with the previous quarter. However, economic expectations remained subdued in all sectors. Capacity utilisation stayed at an average level. In the aggregate economy, as in previous quarters, the "shortage of labour" was the most important obstacle to business activity, with "shortage of demand" continuing to gain slightly in importance. Although business uncertainty has decreased, it remains high and reflects considerable economic risks. Despite declines, sales price expectations also remained above average.

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