WIFO-Konjunkturtest

The WIFO-Konjunkturtest (business cycle survey) is a monthly survey of Austrian companies on their economic situation and its development in the coming months. The results of the WIFO-Konjunkturtest help to reliably assess the economic development in Austria at an early stage. The WIFO-Konjunkturtest has been conducted since 1954 and has been part of the "Joint Harmonised EU Programme of Business and Consumer Surveys" since 1996.

Further information on the WIFO-Konjunkturtest can be found here.

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Werner Hölzl, Jürgen Bierbaumer, Michael Klien, Agnes Kügler
Konjunkturerwartungen verbessern sich. Ergebnisse des WIFO-Konjunkturtests vom April 2023 (Economic Expectations Improve. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of April 2023)
WIFO Business Cycle Survey, 2023, (4), 13 pages
Commissioned by: European Commission
Online since: 27.04.2023 14:00
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Die Ergebnisse des WIFO-Konjunkturtests zeigen im April eine Verbesserung der Konjunkturbeurteilungen der österreichischen Unternehmen. Der WIFO-Konjunkturklimaindex notierte mit 11,0 Punkten (saisonbereinigt) 6,3 Punkte über dem Wert des Vormonats (4,8 Punkte). Zu diesem Anstieg trugen insbesondere die Dienstleistungsbranchen bei. Die Lagebeurteilungen stiegen in allen Sektoren an, mit Ausnahme der konjunkturell bedeutenden Sachgütererzeugung. Auch die Konjunkturerwartungen verbesserten sich über alle Sektoren hinweg recht deutlich. Allerdings blieben die Konjunkturerwartungen in den stark energieintensiven Branchen weiterhin skeptisch. Insgesamt lassen die Ergebnisse eine Verbesserung der Konjunkturlage in den nächsten Monaten erwarten, auch wenn die unternehmerische Unsicherheit im April weiter überdurchschnittlich blieb.
Research group:Macroeconomics and Public Finance – Industrial, Innovation and International Economics – Regional Economics and Spatial Analysis
Language:German
Economic Expectations Improve. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of April 2023
The results of the WIFO-Konjunkturtest (business cycle survey) show an improvement in the economic assessments of Austrian companies in April. At 11.0 points (seasonally adjusted), the WIFO Business Climate Index was 6.3 points above the value of the previous month (4.8 points). The service sectors in particular contributed to this increase. Assessments of the business situation rose in all sectors, except in the economically important manufacturing sector. Economic expectations also improved quite significantly across all sectors. However, economic expectations in the highly energy-intensive sectors remained sceptical. Overall, the results suggest an improvement in the economic situation in the coming months, even though business uncertainty remained above average in April.
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