{"id":182672,"date":"2024-03-23T07:14:55","date_gmt":"2024-03-23T06:14:55","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/182672\/"},"modified":"2024-04-26T10:26:03","modified_gmt":"2024-04-26T08:26:03","slug":"headwinds-keep-austrias-economy-close-to-stagnation-in-2024","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/182672\/","title":{"rendered":"Headwinds Keep Austria's Economy Close to Stagnation in 2024"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-182672","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook for 2024 and 2025","text":"The economic weakness in the EU is particularly affecting Germany and Austria, which are specialised in capital goods production. The high interest rates are weighing on investment demand as well as demand for construction services. Economic activity in both the euro area and Austria should pick up again around mid-2024 when the ECB is expected to ease its monetary policy. For the year as a whole, WIFO expects real GDP growth to remain weak at just 0.2 percent. It will accelerate to 1.8 percent in 2025.","onlinedate":"2024-03-22 10:00:00","lang":"German","publication_series":"","publication_date":"20240322","publication_date_year":"","publication_date_full":true,"publication_num_pages":"35","keywords":"[]","jelcodes":"[]","related_publications":"[\"f8b06677-9a16-47c8-adaf-7c84d9e0dd42\",\"429ce76f-3c5a-4c28-8a83-215fd2110ccd\",\"cebc3f32-0d0f-44c9-b6dd-e776c6f0f1a3\"]","pdf":264292,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"1","journal":"WIFO-Konjunkturprognose","publisher":"","invisible":false,"external":false,"embargo_date":"2024-03-22 10:00:00","types":[44368],"research_groups":[3500],"collaboration":"","persons":[3837,3567],"persons_data":"[{\"personId\":3837,\"personName\":\"Marcus Scheiblecker\",\"organisationNames\":[]},{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"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>Scheiblecker, M.<\\\/span><span>, &amp; Ederer, S.<\\\/span> (2024). <span>Gegenwind h\u00e4lt \u00d6sterreichs Wirtschaft 2024 nahe an der Stagnation: Prognose f\u00fcr 2024 und 2025<\\\/span>. <span><em>WIFO-Konjunkturprognose<\\\/em><\\\/span>, (1).<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Scheiblecker M<\\\/span><span>, Ederer S<\\\/span>. <span class=\\\"title\\\"><span>Gegenwind h\u00e4lt \u00d6sterreichs Wirtschaft 2024 nahe an der Stagnation: <span class=\\\"subtitle\\\">Prognose f\u00fcr 2024 und 2025<\\\/span><\\\/span><\\\/span>. <span>WIFO-Konjunkturprognose<\\\/span>. 2024 Mar 22;(1).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{27511e72452a410b921af366269d8e97,<\\\/div><div>  title    = \\\"Gegenwind h{\\\\\\\"a}lt {\\\\\\\"O}sterreichs Wirtschaft 2024 nahe an der Stagnation: Prognose f{\\\\\\\"u}r 2024 und 2025\\\",<\\\/div><div>  abstract = \\\"Die Konjunkturschw{\\\\\\\"a}che in der EU trifft vor allem die auf Investitionsg{\\\\\\\"u}ter spezialisierten L{\\\\\\\"a}nder Deutschland und {\\\\\\\"O}sterreich. Die hohen Zinss{\\\\\\\"a}tze belasten die Investitionsnachfrage ebenso wie die Nachfrage nach Bauleistungen. Um die Jahresmitte 2024 sollte die Wirtschaft sowohl im Euro-Raum als auch in {\\\\\\\"O}sterreich wieder Fahrt aufnehmen, da die EZB ihre Geldpolitik lockern wird. F{\\\\\\\"u}r das Gesamtjahr erwartet das WIFO ein weiterhin schwaches Wirtschaftswachstum von nur 0,2\\\\%. 2025 beschleunigt es sich auf 1,8\\\\%.\\\",<\\\/div><div>  keywords = \\\"WIFO-Konjunkturprognose\\\",<\\\/div><div>  author   = \\\"Marcus Scheiblecker and Stefan Ederer\\\",<\\\/div><div>  note     = \\\"WIFO-Konjunkturprognose vom M{\\\\\\\"a}rz 2024\\\",<\\\/div><div>  year     = \\\"2024\\\",<\\\/div><div>  month    = mar,<\\\/div><div>  day      = \\\"22\\\",<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  journal  = \\\"WIFO-Konjunkturprognose\\\",<\\\/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  - Gegenwind h\u00e4lt \u00d6sterreichs Wirtschaft 2024 nahe an der Stagnation<\\\/p><p>T2  - Prognose f\u00fcr 2024 und 2025<\\\/p><p>AU  - Scheiblecker, Marcus<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>N1  - WIFO-Konjunkturprognose vom M\u00e4rz 2024<\\\/p><p>PY  - 2024\\\/3\\\/22<\\\/p><p>Y1  - 2024\\\/3\\\/22<\\\/p><p>N2  - Die Konjunkturschw\u00e4che in der EU trifft vor allem die auf Investitionsg\u00fcter spezialisierten L\u00e4nder Deutschland und \u00d6sterreich. Die hohen Zinss\u00e4tze belasten die Investitionsnachfrage ebenso wie die Nachfrage nach Bauleistungen. Um die Jahresmitte 2024 sollte die Wirtschaft sowohl im Euro-Raum als auch in \u00d6sterreich wieder Fahrt aufnehmen, da die EZB ihre Geldpolitik lockern wird. F\u00fcr das Gesamtjahr erwartet das WIFO ein weiterhin schwaches Wirtschaftswachstum von nur 0,2%. 2025 beschleunigt es sich auf 1,8%.<\\\/p><p>AB  - Die Konjunkturschw\u00e4che in der EU trifft vor allem die auf Investitionsg\u00fcter spezialisierten L\u00e4nder Deutschland und \u00d6sterreich. Die hohen Zinss\u00e4tze belasten die Investitionsnachfrage ebenso wie die Nachfrage nach Bauleistungen. Um die Jahresmitte 2024 sollte die Wirtschaft sowohl im Euro-Raum als auch in \u00d6sterreich wieder Fahrt aufnehmen, da die EZB ihre Geldpolitik lockern wird. F\u00fcr das Gesamtjahr erwartet das WIFO ein weiterhin schwaches Wirtschaftswachstum von nur 0,2%. 2025 beschleunigt es sich auf 1,8%.<\\\/p><p>KW  - WIFO-Konjunkturprognose<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>JO  - WIFO-Konjunkturprognose<\\\/p><p>JF  - WIFO-Konjunkturprognose<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","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>Headwinds Keep Austria&#039;s Economy Close to Stagnation in 2024 - 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\/182672\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Headwinds Keep Austria&#039;s Economy Close to Stagnation in 2024\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/182672\/\" \/>\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=\"2024-04-26T08:26:03+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\\\/182672\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/182672\\\/\",\"name\":\"Headwinds Keep Austria's Economy Close to Stagnation in 2024 - 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