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Christian Glocker
Austria's Economy: End of Recession in Sight, but Recovery Remains Fragile
After two years of recession, a turning point appears to be on the horizon for the Austrian economy. This is according to leading economic research institutes WIFO (Austrian Institute of Economic Research) and IHS (Institute for Advanced Studies), which have raised their forecasts for 2025 and now expect economic output to stagnate or grow slightly. Nevertheless, both institutes warn of ongoing risks and only a modest recovery.
June 26, 2025
Economic Outlook in Austria: High Inflation and Stagnation Until 2026
The Austrian Institute of Economic Research (WIFO) has published a comprehensive analysis of economic development and inflation forecasts for Austria, covering the years 2024 to 2028. The study shows that Austria will continue to struggle with high inflation until mid-2026 before the European Central Bank's (ECB) target of two percent is reached. At the same time, the economy will not see a slight recovery until 2025.
July 1, 2024
Austria's Economy Threatens to Fall Into Stagflation
After the recovery of the national economy in the previous year as well as in the first half of 2022, the Economic Research Institute and the Institute for Advanced Studies see Austria in a downturn phase. Stagflation is looming next year.
October 10, 2022
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