{"id":176266,"date":"2024-03-21T18:38:01","date_gmt":"2024-03-21T17:38:01","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/176266\/"},"modified":"2024-04-26T10:18:28","modified_gmt":"2024-04-26T08:18:28","slug":"economic-recovery-delayed-3","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/176266\/","title":{"rendered":"Economic Recovery Delayed"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-176266","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook for 2023 to 2025","text":"The Austrian economy will contract by 0.8 percent in 2023. Lower real incomes as a result of high inflation and global weakness in industry are weighing on economic development. The recovery of industrial production in Austria will be delayed, so that GDP will only grow by 0.9 percent in 2024. GDP growth is expected to reach 2 percent in 2025. Inflation will fall to 4 percent in 2024 and to around 3 percent in 2025. The labour market will deteriorate only temporarily.","onlinedate":"2024-02-06 00:00:00","lang":"German","publication_series":"","publication_date":"20240206","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"cfe4559f-af5f-4913-ab11-71da0adf45a8\",\"36701789-4030-428a-bb08-ba3134a8165b\",\"d54341c2-49a0-4a1c-ac5f-c57ca66a0927\",\"332cc8ca-5407-462b-bdd9-ba970859de57\",\"b185d8e2-a092-4d45-95c2-b8cf0764109f\",\"2973e934-8b81-4c68-be6c-b6e974178a35\",\"81e3dff0-44be-4baa-b7ff-136aff1c58b7\",\"d7d18680-b205-4331-bbf7-b3bb7f5b9b50\",\"c7ea4d8f-2f33-4dcf-a3d3-b546d3bb59a6\"]","pdf":263644,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"97","monthly_report_pages":"5-17","monthly_report_pages_sort":"5","issue":"1","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2024-02-06 00:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[3567,3865],"persons_data":"[{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"organisationNames\":[]},{\"personId\":3865,\"personName\":\"Stefan Schiman-Vukan\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Ederer, S.<\\\/span><span>, &amp; Schiman-Vukan, S.<\\\/span> (2024). <span>Konjunkturerholung verz\u00f6gert sich: Prognose f\u00fcr 2023 bis 2025<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>97<\\\/em>(1), 5-17.<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Ederer S<\\\/span><span>, Schiman-Vukan S<\\\/span>. <span class=\\\"title\\\"><span>Konjunkturerholung verz\u00f6gert sich: <span class=\\\"subtitle\\\">Prognose f\u00fcr 2023 bis 2025<\\\/span><\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2024 Feb 6;97(1):5-17.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{ecd63a56fbb04bf9bd0e29a46876828e,<\\\/div><div>  title    = \\\"Konjunkturerholung verz{\\\\\\\"o}gert sich: Prognose f{\\\\\\\"u}r 2023 bis 2025\\\",<\\\/div><div>  abstract = \\\"Die {\\\\\\\"o}sterreichische Wirtschaft schrumpft 2023 um 0,8\\\\%. Gesunkene Realeinkommen infolge der hohen Inflation und eine weltweite Schw{\\\\\\\"a}che der Industrie belasten die Wirtschaftsentwicklung. Die Industrieproduktion erholt sich in {\\\\\\\"O}sterreich verz{\\\\\\\"o}gert, wodurch das BIP 2024 nur um 0,9\\\\% zulegen wird. 2025 d{\\\\\\\"u}rfte das BIP-Wachstum 2\\\\% betragen. Die Inflation sinkt 2024 auf 4\\\\% und 2025 auf etwa 3\\\\%. Die Lage auf dem Arbeitsmarkt wird sich nur vor{\\\\\\\"u}bergehend eintr{\\\\\\\"u}ben. \\\",<\\\/div><div>  keywords = \\\"Konjunkturprognose\\\",<\\\/div><div>  author   = \\\"Stefan Ederer and Stefan Schiman-Vukan\\\",<\\\/div><div>  note     = \\\"Konjunkturprognose\\\",<\\\/div><div>  year     = \\\"2024\\\",<\\\/div><div>  month    = feb,<\\\/div><div>  day      = \\\"6\\\",<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"97\\\",<\\\/div><div>  pages    = \\\"5--17\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Konjunkturerholung verz\u00f6gert sich<\\\/p><p>T2  - Prognose f\u00fcr 2023 bis 2025<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>AU  - Schiman-Vukan, Stefan<\\\/p><p>N1  - Konjunkturprognose<\\\/p><p>PY  - 2024\\\/2\\\/6<\\\/p><p>Y1  - 2024\\\/2\\\/6<\\\/p><p>N2  - Die \u00f6sterreichische Wirtschaft schrumpft 2023 um 0,8%. Gesunkene Realeinkommen infolge der hohen Inflation und eine weltweite Schw\u00e4che der Industrie belasten die Wirtschaftsentwicklung. Die Industrieproduktion erholt sich in \u00d6sterreich verz\u00f6gert, wodurch das BIP 2024 nur um 0,9% zulegen wird. 2025 d\u00fcrfte das BIP-Wachstum 2% betragen. Die Inflation sinkt 2024 auf 4% und 2025 auf etwa 3%. Die Lage auf dem Arbeitsmarkt wird sich nur vor\u00fcbergehend eintr\u00fcben. <\\\/p><p>AB  - Die \u00f6sterreichische Wirtschaft schrumpft 2023 um 0,8%. Gesunkene Realeinkommen infolge der hohen Inflation und eine weltweite Schw\u00e4che der Industrie belasten die Wirtschaftsentwicklung. Die Industrieproduktion erholt sich in \u00d6sterreich verz\u00f6gert, wodurch das BIP 2024 nur um 0,9% zulegen wird. 2025 d\u00fcrfte das BIP-Wachstum 2% betragen. Die Inflation sinkt 2024 auf 4% und 2025 auf etwa 3%. Die Lage auf dem Arbeitsmarkt wird sich nur vor\u00fcbergehend eintr\u00fcben. <\\\/p><p>KW  - Konjunkturprognose<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 97<\\\/p><p>SP  - 5<\\\/p><p>EP  - 17<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Czaloun Astrid\",\"Steiner Martha\"]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economic Recovery Delayed - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/176266\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Recovery Delayed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/176266\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-26T08:18:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/176266\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/176266\\\/\",\"name\":\"Economic Recovery Delayed - 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