{"id":263304,"date":"2024-01-22T16:25:07","date_gmt":"2024-01-22T15:25:07","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/263304\/"},"modified":"2024-11-07T07:39:25","modified_gmt":"2024-11-07T06:39:25","slug":"economic-growth-dampened-by-oil-price-hike-but-exceeding-the-euro-area-average-economic-outlook-for-2005-and-2006-4","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/263304\/","title":{"rendered":"Economic Growth Dampened by Oil Price Hike, but Exceeding the Euro Area Average. Economic Outlook for 2005 and 2006"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-263304","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"GDP growth will reach only 1.7 percent this year and is expected to move but to a marginally higher rate in 2006. The high energy prices are eating into real disposable income of private households and thereby into consumer demand. Latest survey results show an improvement in industrial confidence which may lead to a recovery in machinery and equipment investment from its low level. Higher public spending on infrastructure, research and the upgrading of qualifications of the labour force has led to a positive growth differential vis-\u00e0-vis the euro area, while at the same time widening the budget deficit somewhat further.","onlinedate":"2005-10-10 02:00:00","lang":"English","publication_series":"","publication_date":"20051001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"15","keywords":"[\"WIFO Economic Outlook\"]","jelcodes":"[]","related_publications":"[]","pdf":412872,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"WIFO-Konjunkturprognose","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44368],"research_groups":[3500],"collaboration":"","persons":[4043],"persons_data":"[{\"personId\":4043,\"personName\":\"Markus Marterbauer\",\"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>Marterbauer, M.<\\\/span> (2005). <span>Economic Growth Dampened by Oil Price Hike, but Exceeding the Euro Area Average. Economic Outlook for 2005 and 2006<\\\/span>. <span><em>WIFO-Konjunkturprognose<\\\/em><\\\/span>. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/25761\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/25761<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Marterbauer M<\\\/span>. <span class=\\\"title\\\"><span>Economic Growth Dampened by Oil Price Hike, but Exceeding the Euro Area Average. Economic Outlook for 2005 and 2006<\\\/span><\\\/span>. <span>WIFO-Konjunkturprognose<\\\/span>. 2005 Oct.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{bea77e72b7f54c6691f15f200488fa20,<\\\/div><div>  title    = \\\"Economic Growth Dampened by Oil Price Hike, but Exceeding the Euro Area Average. Economic Outlook for 2005 and 2006\\\",<\\\/div><div>  abstract = \\\"GDP growth will reach only 1.7 percent this year and is expected to move but to a marginally higher rate in 2006. The high energy prices are eating into real disposable income of private households and thereby into consumer demand. Latest survey results show an improvement in industrial confidence which may lead to a recovery in machinery and equipment investment from its low level. Higher public spending on infrastructure, research and the upgrading of qualifications of the labour force has led to a positive growth differential vis-{\\\\`a}-vis the euro area, while at the same time widening the budget deficit somewhat further.\\\",<\\\/div><div>  keywords = \\\"WIFO Economic Outlook, WIFO Economic Outlook\\\",<\\\/div><div>  author   = \\\"Markus Marterbauer\\\",<\\\/div><div>  year     = \\\"2005\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"English\\\",<\\\/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  - Economic Growth Dampened by Oil Price Hike, but Exceeding the Euro Area Average. Economic Outlook for 2005 and 2006<\\\/p><p>AU  - Marterbauer, Markus<\\\/p><p>PY  - 2005\\\/10<\\\/p><p>Y1  - 2005\\\/10<\\\/p><p>N2  - GDP growth will reach only 1.7 percent this year and is expected to move but to a marginally higher rate in 2006. The high energy prices are eating into real disposable income of private households and thereby into consumer demand. Latest survey results show an improvement in industrial confidence which may lead to a recovery in machinery and equipment investment from its low level. Higher public spending on infrastructure, research and the upgrading of qualifications of the labour force has led to a positive growth differential vis-\u00e0-vis the euro area, while at the same time widening the budget deficit somewhat further.<\\\/p><p>AB  - GDP growth will reach only 1.7 percent this year and is expected to move but to a marginally higher rate in 2006. The high energy prices are eating into real disposable income of private households and thereby into consumer demand. Latest survey results show an improvement in industrial confidence which may lead to a recovery in machinery and equipment investment from its low level. 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