WIFO Reports on Austria

The WIFO Reports on Austria are short English-language analyses of economic developments in Austria. Contributions on the topics of business cycle, competitiveness, macroeconomics, labour market, digitisation, cash flow and unit labour costs are published regularly, summarising the main developments in these areas in Austria.

The articles of the previous issues "WIFO Bulletin" and "Austrian Economic Quarterly" can be found here: WIFO Bulletin, Austrian Economic Quarterly

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New Lockdown Delays Economic Recovery in Austria. Economic Outlook for 2021 to 2023
WIFO Reports on Austria, 2022, (1), 15 pages
Online since: 24.01.2022 0:00
The strong economic recovery in Austria in spring and summer 2021 is slowing down in the second half due to the renewed lockdown, persistent supply bottlenecks and high commodity prices. In 2022, the economy should recover quickly after the restrictions are lifted. Strong growth is expected for 2022 as a whole due to the gradual unwinding of the barriers. In 2023, the Austrian economy then swings to a moderate growth path. The labour market develops favourably in the forecast period. Inflation will remain high in 2022.
JEL-Codes:E32, E66
Keywords:Business cycle, economic outlook, forecast
Research group:Macroeconomics and Public Finance

Contact persons

apl. Prof. Dr. Hans Pitlik

Function: Senior Economist, Editor-in-chief WIFO-Monatsberichte and WIFO Reports on Austria

Tamara Fellinger

Activities: Publications, website, subscriptions

Tatjana Weber

Activities: Publications, website, subscriptions