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, Michael Klien, Agnes Kügler
Konjunktureinschätzungen hellen sich auf. Ergebnisse des WIFO-Konjunkturtests vom März 2021 (Economic Forecasts Brighten Up. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of March 2021)
WIFO Business Cycle Survey, 2021, (3), 12 pages
Study by: Austrian Institute of Economic Research – Economic and Social Science Computing Center
Commissioned by: European Commission
Online since: 30.03.2021 0:00
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Die Stimmung der österreichischen Unternehmen verbesserte sich im März merklich. Der WIFO-Konjunkturklimaindex notierte mit –3,2 Punkten (saisonbereinigt) nur mehr knapp im negativen Bereich und stieg gegenüber dem Vormonat deutlich an. Die Einschätzungen zur aktuellen Geschäftslage fielen zwar positiver aus, Unternehmen in behördlich stark eingeschränkten Branchen blieben jedoch weiterhin skeptisch. Die Konjunkturaussichten der Unternehmen hellten sich merklich auf und waren erstmals seit Beginn der COVID-19-Pandemie optimistisch.
Research group:Industrial, Innovation and International Economics – Regional Economics and Spatial Analysis
Language:German
Economic Forecasts Brighten Up. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of March 2021
Economic sentiment among Austrian companies improved significantly in March. At –3.2 points (seasonally adjusted), the WIFO Business Climate Index was only just in negative territory and improved significantly compared with the previous month. Although assessments of the current business situation were more positive, companies in sectors subject to severe regulatory restrictions remained sceptical. Companies' economic outlook brightened noticeably and was optimistic for the first time since the start of the COVID-19 pandemic.
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