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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Stefan Ederer
Konjunkturindikatoren zeigen bislang kaum Auswirkungen der Coronavirus-Epidemie (Business Cycle Indicators Reveal Hardly Any Effects of the Global Coronavirus Spread So Far)
WIFO-Monatsberichte, 2020, 93(3), pp.155-162
Online since: 10.03.2020 0:00
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Der Ausbruch des Coronavirus trifft die Weltwirtschaft in einer Schwächephase, die Konjunktur verlor im IV. Quartal 2019 an Dynamik. In Österreich blieb das Wachstum hingegen stabil. Zu Jahresbeginn hellte sich die Stimmung in den Unternehmen laut WIFO-Konjunkturtest auf. Die Auswirkungen der Coronavirus-Epidemie spiegeln sich darin jedoch noch nicht. Weiterhin günstig entwickelt sich der österreichische Arbeitsmarkt. Die Inflation zog zu Jahresbeginn hingegen deutlich an.
JEL-Codes:E32, E66
Keywords:Konjunkturbericht
Research group:Macroeconomics and Public Finance
Language:German
Business Cycle Indicators Reveal Hardly Any Effects of the Global Coronavirus Spread So Far
The global outbreak of the coronavirus hits the global economy in a weak phase, the economy lost momentum in the fourth quarter of 2019. In Austria, by contrast, growth remained stable. At the beginning of the year, business sentiment brightened according to the WIFO-Konjunkturtest (business cycle survey). It does not yet reflect the effects of the coronavirus epidemic, however. The Austrian labour market continues to develop favourably. Inflation, though, rose significantly at the beginning of the year.
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