WIFO-Monatsberichte (monthly reports)

The WIFO-Monatsberichte (monthly reports) contain research results and publications by WIFO staff on national and international economic developments based on sound economic analyses. Additionally, important key figures on the international and Austrian economic situation are published in the WIFO-Monatsberichte.

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Jesús Crespo Cuaresma (Vienna University of Economics and Business)
Claudia Kemfert (German Institute for Economic Research)
Philipp Schmidt-Dengler (University of Vienna)
Jens Südekum (Heinrich Heine University Düsseldorf)
Andrea Weber (Central European University)

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Christian Glocker
Konjunkturaufschwung in Österreich. Prognose für 2017 und 2018 (Business Cycle Upswing in Austria. Economic Outlook for 2017 and 2018)
WIFO-Monatsberichte, 2017, 90(4), pp.235-248
Online since: 28.04.2017 0:00
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Nach einem Wachstum von 1,5% im Jahr 2016 dürfte die österreichische Volkswirtschaft 2017 und 2018 wesentlich kräftiger expandieren. Die Vorlaufindikatoren liefern deutliche Hinweise auf eine weitere Konjunkturbelebung. Neben einer lebhaften Binnennachfrage, die wiederum von der günstigen Arbeitsmarktlage profitiert, sollte der Außenhandel wieder stärker zum Wirtschaftswachstum beitragen. In diesem Szenario wird die österreichische Wirtschaft im laufenden Jahr um 2,0% und 2018 um 1,8% wachsen.
Keywords:Konjunkturbericht, Konjunkturprognose
Research group:Macroeconomics and Public Finance
Language:German
Business Cycle Upswing in Austria. Economic Outlook for 2017 and 2018
From a rate of growth of 1.5 percent in 2016, demand and output in Austria are expected to accelerate significantly in 2017 and 2018. Leading indicators clearly suggest a further strengthening of business activity. Apart from lively internal demand benefitting from benign labour market conditions, foreign trade will rebound and contribute more strongly to GDP growth than in recent months. In this environment, the Austrian economy is expected to expand by 2.0 percent in the current year and 1.8 percent in 2018.
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