WIFO Reports on Austria

The WIFO Reports on Austria are short English-language analyses of economic developments in Austria. Contributions on the topics of business cycle, competitiveness, macroeconomics, labour market, digitisation, cash flow and unit labour costs are published regularly, summarising the main developments in these areas in Austria.

The articles of the previous issues "WIFO Bulletin" and "Austrian Economic Quarterly" can be found here: WIFO Bulletin, Austrian Economic Quarterly

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Werner Hölzl, Jürgen Bierbaumer, Michael Klien, Agnes Kügler
Business Cycle Sentiment Subdued at Start of the Year. Results of the WIFO-Konjunkturtest Quarterly Survey of January 2024
WIFO Reports on Austria, 2024, (3), 11 pages
Online since: 01.03.2024 0:00
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The results of the WIFO-Konjunkturtest (business cycle survey) in January continue to show a sceptical economic picture. Economic assessments remained particularly pessimistic in manufacturing. Capacity utilisation rose slightly but remained below average in construction and manufacturing. In the total economy "insufficient demand" remained the most frequently cited obstacle to business activity, followed by "shortage of labour force". Sales price expectations rose again slightly and remained above average in services and retail.
JEL-Codes:E32, E66
Keywords:WIFO-Konjunkturtest (business cycle survey), Quarterly data, Business cycle
Research group:Macroeconomics and Public Finance – Industrial, Innovation and International Economics – Regional Economics and Spatial Analysis
Language:English
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