WIFO-Konjunkturtest

The WIFO-Konjunkturtest (business cycle survey) is a monthly survey of Austrian companies on their economic situation and its development in the coming months. The results of the WIFO-Konjunkturtest help to reliably assess the economic development in Austria at an early stage. The WIFO-Konjunkturtest has been conducted since 1954 and has been part of the "Joint Harmonised EU Programme of Business and Consumer Surveys" since 1996.

Further information on the WIFO-Konjunkturtest can be found here.

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Werner Hölzl, Michael Klien, Agnes Kügler
Aufschwung verliert an Dynamik, Indizes bleiben auf hohem Niveau. Ergebnisse des WIFO-Konjunkturtests vom August 2021 (Upswing Loses Momentum, Indices Remain at High Level. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of August 2021)
WIFO Business Cycle Survey, 2021, (8), 13 pages
Commissioned by: European Commission
Study by: Austrian Institute of Economic Research – Economic and Social Science Computing Center
Online since: 30.08.2021 14:00
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Die Stimmungslage unter den österreichischen Unternehmen hat sich im Juli auf hohem Niveau stabilisiert. Der WIFO-Konjunkturklimaindex notierte bei 22,0 Punkten (saisonbereinigt) nahezu unverändert zum Vormonat (22,6 Punkte). Die Konjunktureinschätzungen der aktuellen Lage verbesserten sich trotz weiter anhaltender Lieferengpässe. Die Konjunkturerwartungen zeigen hingegen einen Rückgang, bleiben aber dennoch auf hohem Niveau. Nach dem starken Aufholprozess der vergangenen Monate setzt sich der Aufschwung mit etwas schwächerer Dynamik fort.
Research group:Industrial, Innovation and International Economics – Regional Economics and Spatial Analysis
Language:German
Upswing Loses Momentum, Indices Remain at High Level. Results of the WIFO-Konjunkturtest (Business Cycle Survey) of August 2021
Sentiment among Austrian companies remained at a high level in August. The WIFO Business Climate Index stood at 19.7 points (seasonally adjusted), about 2.2 points below the value of the previous month (22.0 points). Assessments of the situation and expectations showed slight declines due to the increase in the number of infections and continuing supply bottlenecks. After the strong catch-up process of the past months, the upswing is likely to continue with weaker momentum in the coming months.
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