Prognose für 1992 und 1993. Wachstumsprognose besser abgesichert (The Economic Outlook for 1992 and 1993: Further Weakening of Activity Unlikely)
WIFO-Monatsberichte, 1992, 65(7), S.343-355
 
Die österreichische Wirtschaft bleibt 1992 in der Talsohle der Konjunktur. Die Industrieproduktion wird nur wenig steigen, der Bauboom wirkt jedoch gerade zur rechten Zeit entgegen. Die Chancen auf eine Konjunkturbelebung im Jahr 1993 haben sich gefestigt.
Keywords:Prognose für 1992 und 1993. Wachstumsprognose besser abgesichert; The Economic Outlook for 1992 and 1993: Further Weakening of Activity Unlikely
Forschungsbereich:Makroökonomie und öffentliche Finanzen
Sprache:Deutsch

The Economic Outlook for 1992 and 1993: Further Weakening of Activity Unlikely
Real GDP is now expected to grow by 2.2 percent in 1992, up a little from earlier forecasts. The risk that the recessionary forces from abroad would kick the Austrian economy off the growth track has virtually disappeared in recent months. A general and self-sustained upswing in Western Europe will not set in before 1992. Austria should be able to fully participate via a rebound in exports and attain a GDP growth rate of 3 percent. Despite Austria maintaining its growth advantage vis-à-vis OECD Europe the current account will stay in equilibrum. Consumer price inflation will average 4 percent in 1992, up from 3¼ percent last year. The labour market has so far proved very resistent to the cyclical weakness. The jobless rate is likely to remain just below 6 percent of the dependent labour force.