News – 15.03.2024

Economic Effects of the EU Corporate Sustainable Due Diligence Directive

Sustainability Along Global Supply Chains

The EU has taken an important step towards promoting responsible corporate behaviour beyond its borders with the initiative of the Corporate Sustainable Due Diligence Directive (CSDDD).
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News – 07.03.2024

WIFO Publishes Annual Report 2023

Video: Economic Research for Tomorrow

The latest Annual Report of the Austrian Institute of Economic Research was published on 7 March 2024 and is now also available in digital form. "Times are turbulent: war in and next to Europe, political risks, record inflation. Austria is in recession and increasingly caught up in the pre-election campaign. Against this backdrop, our fact-based analyses are more important than ever", said WIFO Director Gabriel Felbermayr.
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News – 06.03.2024

Ambitious Climate Targets and Competitiveness

WIFO Research Brief on EU Carbon Border Adjustment

The model simulations of the study "Trade and Welfare Effects of New Trade Policy Instruments" show that a sole and uncoordinated EU climate policy action – in terms of a unilateral implementation of the carbon border adjustment mechanism – can only play a limited role in reducing global CO2 emissions and results in moderate welfare losses.
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News – 28.02.2024

Economic Assessments are Sceptical

Results of the WIFO-Konjunkturtest (Business Cycle Survey) of February 2024

The results of the WIFO-Konjunkturtest (business cycle survey) in February continue to show cautious economic assessments. At –9.8 points (seasonally adjusted), the economic climate index was 3.2 points below the previous month's value (–6.6 points) and remains in negative territory.
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News – 27.02.2024

Regional Economy Continues to Weaken

The Economy in the Federal Provinces in the Third Quarter of 2023

WIFO's regional business cycle report for autumn 2023 paints a mixed picture of the economic situation in the Austrian federal provinces. Manufacturing in particular recorded significant declines in almost all federal provinces, while tourism in Vienna and Lower Austria continued to benefit from catch-up effects.
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News – 07.02.2024

A Short-term Forecast of Price Changes for Food and Beverages in Austria

Policy Brief 1 on the Research Project "Robust Supply Chains in the Agricultural and Food Sector"

Based on a newly developed forecast model for consumer prices for food and beverages, WIFO expects an average price increase of 5¼ percent for 2024 (2023 +11½ percent).
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