19.11.2020

High Frequency Business Cycle Analysis until Mid-November 2020

Weekly WIFO Economic Index (WWWI)
The current assessment of the Weekly WIFO Economic Index (WWWI) points to an increasing weakening of the economic recovery: On a monthly average the indicator fell slightly in October (–3.5 percent). For the year 2020, taking into account the restrictions imposed by the government (second lockdown from 3 November 2020, tightened on 17 November), a current WIFO Research Brief also provides a preliminary assessment for the year as a whole.

The Weekly WIFO Economic Index (WWWI) measures the real economic activity of the Austrian economy on a weekly basis. It is based on 14 weekly and seven monthly indicators, and one quarterly indicator for the Austrian economy.

WIFO Research Briefs
19.11.2020
Finalization: November 2020
Project partner Austrian Institute of Economic Research, Institute for Advanced Studies
Contractor project: Federal Ministry of Finance
Specialist publication: WIFO Research Briefs