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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Konjunkturerwartungen verlieren an Dynamik. Ergebnisse des WIFO-Konjunkturtests vom März 2022 (Economic Expectations Lose Momentum. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of March 2022)
WIFO Business Cycle Survey, 2022, (3), 13 pages
Commissioned by: European Commission
Study by: Austrian Institute of Economic Research – Economic and Social Science Computing Center
Online since: 30.03.2022 14:00
Die Ergebnisse des WIFO-Konjunkturtests zeigen für März eine Verbesserung der Stimmung unter den österreichischen Unternehmen. Der WIFO-Konjunkturklimaindex notierte mit 17,8 Punkten (saisonbereinigt) 1,7 Punkte über dem Wert des Vormonats (16,0 Punkte). Der Anstieg ist vor allem auf die verbesserte Lageeinschätzungen in den Dienstleistungsbranchen zurückzuführen, die mit der Aufhebung vieler COVID-19-Einschränkungsmaßnahmen zusammenhängt. Mit dem Ukraine-Krieg stieg allerdings die Unsicherheit an. Insbesondere in der Sachgütererzeugung verloren die Konjunkturerwartungen an Dynamik.
Research group:Macroeconomics and European Economic Policy – Industrial Economics, Innovation and International Competition – Structural Change and Regional Development
Language:German

Economic Expectations Lose Momentum. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of March 2022
The results of the WIFO-Konjunkturtest (business cycle survey) for March show an improvement in the mood of Austrian companies. At 17.8 points (seasonally adjusted), the WIFO Business Climate Index was 1.7 points above the value of the previous month (16.0 points). The increase is mainly due to the improved assessments of the situation in the service sectors, which is related to the lifting of many COVID-19 restriction measures. However, uncertainty increased with the Ukraine war. Especially in the manufacturing sector, economic expectations lost momentum.