News – 30.03.2023

Economic Recovery as of the Second Half of 2023

Economic Outlook for 2023 and 2024

For the year as a whole, WIFO expects weak real GDP growth of a mere 0.3 percent. In 2024 it is projected to accelerate to 1.8 percent.
News – 23.03.2023

European Construction Industry Faces Stagnation

Euroconstruct Forecast until 2025 in WIFO-Monatsberichte (monthly reports)

The war in Ukraine and the associated economic slump in Europe put pressure on the European construction industry, as does the sharply increased inflation. Euroconstruct therefore expects stagnating construction volumes in 2023 and 2024 for the countries represented in the network.
News – 22.03.2023

War by Other Means

Recent Article by Gabriel Felbermayr in WIFO-Monatsberichte (monthly reports)

Countries have always used economic policy tools such as import duties, taxes, sanctions, or regulatory instruments to achieve geopolitical objectives, but the practice has become much more widespread with the re-emergence of international power rivalries. Countries such as Austria and political alliances such as the EU must embrace this new reality and sharpen their own geoeconomic instruments.
News – 24.02.2023

WIFO Publishes Annual Report 2022

Video: Economic Research with Impact

The latest Annual Report of the Austrian Institute of Economic Research was published on 24 February 2023 and is now also available in digital form. "WIFO repeatedly proved its worth in the crisis year of 2022, successfully fulfilling its task of providing policymakers and society with orientation in difficult times", said WIFO Director Gabriel Felbermayr.
News – 14.03.2023

Weakening of the Economy in all Federal Provinces

Regional Economic Development in the Third Quarter of 2022

The weakening of the economy was felt in all federal provinces in autumn. According to the regional economic indicators, the dynamics of economic development decreased noticeably compared to the first half of 2022.
News – 06.03.2023

Launch of Supply Chain Intelligence Institute Austria

Video: WIFO Founds ASCII Together with CSH, FH OÖ and VNL

The new Supply Chain Intelligence Institute Austria was presented on 6 March 2023, at a press conference with Minister of Labour and Economic Affairs Martin Kocher, Member of the Provincial Government in Upper Austria Markus Achleitner, WIFO Director and ASCII President Gabriel Felbermayr, ASCII Advisory Board Chair Sabine Herlitschka, and ASCII Director Peter Klimek.