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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Christian Glocker, Stefan Schiman
Wirtschaftliche Erholung verliert an Schwung. Prognose für 2022 und 2023 (Economic Recovery Loses Momentum. Economic Outlook for 2022 and 2023. Economic Outlook for 2022 and 2023)
WIFO-Monatsberichte, 2022, 95(7), pp.427-441
Online since: 04.08.2022 0:00
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Die wirtschaftlichen Aussichten haben sich seit der letzten WIFO-Prognose weltweit eingetrübt. Dies hat auch Folgen für die erwartete Erholung in Österreich. Vorlaufindikatoren deuten auf eine Konjunkturabschwächung hin, die 2022 vorwiegend die Industrie betrifft. Dagegen wird der Tourismus 2022 überproportional zum Wirtschaftswachstum beitragen. Nach +4,8% im Vorjahr erwartet das WIFO für 2022 und 2023 ein reales BIP-Wachstum von 4,3% bzw. 1,6%.
JEL-Codes:E32, E66
Keywords:Konjunkturbericht, Konjunkturprognose
Research group:Macroeconomics and Public Finance
Language:German
Economic Recovery Loses Momentum. Economic Outlook for 2022 and 2023. Economic Outlook for 2022 and 2023
The economic outlook has clouded worldwide since the last WIFO forecast. This also has consequences for the expected recovery in Austria. Leading indicators point to an economic slowdown that will predominantly affect industry in 2022. In contrast, tourism will contribute disproportionately to economic growth in 2022. After +4.8 percent in the previous year, WIFO expects real GDP growth of 4.3 percent and 1.6 percent for 2022 and 2023, respectively.
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