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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Economic Expectations Weaken. Results of the WIFO-Konjunkturtest Quarterly Survey of July 2022
WIFO Reports on Austria, 2022, (11), 11 pages
Online since: 12.09.2022 0:00
The results of the WIFO-Konjunkturtest (business cycle survey) of July show a weakening of economic dynamics and a clouding of economic expectations in a quarterly comparison. In all sectors, the economic indicators lost ground compared to April. Capacity utilisation also declined in all sectors but remained at above-average levels. In the economy, as in the previous quarter, the "shortage of labour force" was the most important obstacle to business activity, in manufacturing and retailing the shortage of materials and intermediate products. Business uncertainty increased, while sales price expectations remained above average.
JEL-Codes:E32, E66
Keywords:WIFO-Konjunkturtest, Quartalsdaten, Konjunktur
Research group:Macroeconomics and European Economic Policy – Industrial Economics, Innovation and International Competition – Structural Change and Regional Development
Language:English

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