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
Abschwächung der Weltkonjunktur dämpft Wachstum in Österreich. Prognose für 2019 und 2020 (Slackening Global Economic Activity Dampens Growth Prospects for Austria. Economic Outlook for 2019 and 2020)
WIFO-Monatsberichte, 2019, 92(7), pp.475-486
Online since: 24.07.2019 0:00
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Die österreichische Volkswirtschaft befindet sich in einer Phase mäßigen Wachstums. Die hohe Dynamik der Vorjahre hat sich abgeschwächt, und die Unternehmen blicken nun weniger optimistisch in die Zukunft. Während der Außenhandel die heimische Konjunktur bremst, wird sie von der Binnenwirtschaft weiterhin unterstützt. Das Wirtschaftswachstum dürfte sich in Österreich im Jahresdurchschnitt 2019 auf 1,7% verlangsamen (2018 +2,7%) und 2020 bei 1,5% stabilisieren.
Keywords:Konjunkturprognose
Research group:Macroeconomics and Public Finance
Language:German
Slackening Global Economic Activity Dampens Growth Prospects for Austria. Economic Outlook for 2019 and 2020
The Austrian economy has entered a period of moderate growth. The strong momentum enjoyed over the last few years has eased, and firms are looking with less optimism into the future. While foreign trade has a restraining impact on output growth, domestic demand keeps supporting activity. Annual GDP growth in Austria is expected to decelerate from 2.7 percent in 2018 to 1.7 percent in the current year, stabilising at a rate of 1.5 percent in 2020.
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