WIFO Research Briefs

The WIFO Research Briefs present short contributions to economic policy discussions as well as short summaries of WIFO's research work. They are written in compliance with the Guidelines for Good Scientific Practice and scientific policy advice of the Austrian Agency for Research Integrity (ÖAWI) and serve to increase the national and international visibility of WIFO research results.

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WIFO-Inflationsprognose 2022/2024 vom Dezember 2022 (WIFO Inflation Forecast 2022-2024 from December 2022)
WIFO Research Briefs, 2022, (25), 9 pages
Online since: 16.12.2022 8:00
Aufgrund der hohen Preisanstiege bei Energie und der Überwälzung von höheren Produktionskosten (Vorprodukte und Löhne) auf die Konsumentenpreise dürfte die Inflation in Österreich im Jahr 2022 8,5% und 2023 6,5% betragen. In den Folgejahren wird eine markante Abschwächung der Inflation erwartet (2024: 3,2%), mit geschätzten 2,5% für die Jahre 2025/2027 nähert sich die Inflationsrate in Österreich nur langsam dem EZB-Ziel von 2% für den Euro-Raum an.
Research group:Macroeconomics and Public Finance
Language:German

WIFO Inflation Forecast 2022-2024 from December 2022
Due to the high price increases for energy and the transmission of higher production costs (intermediate products and wages) to consumer prices, inflation in Austria is expected to amount to 8.5 percent in 2022 and 6.5 percent in 2023. In the following years, inflation is expected to decline markedly (2024: 3.2 percent), but at an estimated 2.5 percent for 2025-2027, the inflation rate in Austria will only slowly approach the ECB's target of 2 percent for the euro area.