{"id":423475,"date":"2025-03-25T16:37:58","date_gmt":"2025-03-25T15:37:58","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/423475\/"},"modified":"2025-03-27T10:15:22","modified_gmt":"2025-03-27T09:15:22","slug":"oesterreich-steckt-im-dritten-rezessionsjahr","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/423475\/","title":{"rendered":"Austria is in its Third Year of Recession"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-423475","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook 2025 and 2026","text":"The decline in industrial production in the euro area, which has been observed since the beginning of 2023, continues to affect Austria. Surveys among manufacturing companies do not yet point to a turnaround. The announced increase in tariffs of the USA on EU export goods is also weighing on sentiment. By contrast, construction and consumer demand are trending upwards. The inflation rate rose significantly at the beginning of 2025, but is forecasted to fall back in the course of the year. The labour market is proving relatively robust given the duration and severity of the recession, although unemployment will continue to rise in 2025. WIFO expects GDP to fall by 0.3 percent in 2025. The Austrian economy will pick up speed again in 2026 (+1.2 percent).","onlinedate":"2025-03-27 10:00:00","lang":"German","publication_series":"","publication_date":"20250327","publication_date_year":"","publication_date_full":true,"publication_num_pages":"36","keywords":"[]","jelcodes":"[]","related_publications":"[\"7bf2bfca-b2af-48bb-be61-209047a5e78c\",\"a3a9f237-a182-4fdc-910c-b797364e0681\"]","pdf":423770,"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":"2025-03-27 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\":\"
Scheiblecker, M.<\\\/span>, & Ederer, S.<\\\/span> (2025). \u00d6sterreich steckt im dritten Rezessionsjahr: Prognose f\u00fcr 2025 und 2026<\\\/span>. WIFO-Konjunkturprognose<\\\/em><\\\/span>, (1).<\\\/div>\",\"vancouver\":\"
Scheiblecker M<\\\/span>, Ederer S<\\\/span>. \u00d6sterreich steckt im dritten Rezessionsjahr: Prognose f\u00fcr 2025 und 2026<\\\/span><\\\/span><\\\/span>. WIFO-Konjunkturprognose<\\\/span>. 2025 Mar 27;(1).<\\\/div>\",\"bibtex\":\"
@misc{52128cf827b04db39ae8ff638b0c1d2d,<\\\/div>
title = \\\"{\\\\\\\"O}sterreich steckt im dritten Rezessionsjahr: Prognose f{\\\\\\\"u}r 2025 und 2026\\\",<\\\/div>
abstract = \\\"Der bereits seit Anfang 2023 beobachtete R{\\\\\\\"u}ckgang der Industrieproduktion im Euro-Raum strahlt weiterhin auf {\\\\\\\"O}sterreich aus. Umfragen unter Industrieunternehmen lassen bislang noch keine Trendwende erkennen. Zudem belastet die angek{\\\\\\\"u}ndigte Zollerh{\\\\\\\"o}hung der USA auf Exportg{\\\\\\\"u}ter der EU die Stimmung. Die Bau- und die Konsumnachfrage legen hingegen tendenziell zu. Die Inflationsrate erh{\\\\\\\"o}hte sich Anfang 2025 deutlich, wird jedoch im weiteren Jahresverlauf wieder sinken. Der Arbeitsmarkt erweist sich angesichts der Dauer und Schwere der Rezession als relativ robust, wenngleich die Arbeitslosigkeit auch 2025 steigen wird. Das WIFO prognostiziert f{\\\\\\\"u}r 2025 einen BIP-R{\\\\\\\"u}ckgang von 0,3\\\\%. 2026 wird die {\\\\\\\"o}sterreichische Wirtschaft wieder Fahrt aufnehmen (+1,2\\\\%).\\\",<\\\/div>
keywords = \\\"WIFO-Konjunkturprognose\\\",<\\\/div>
author = \\\"Marcus Scheiblecker and Stefan Ederer\\\",<\\\/div>
year = \\\"2025\\\",<\\\/div>
month = mar,<\\\/div>
day = \\\"27\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
journal = \\\"WIFO-Konjunkturprognose\\\",<\\\/div>

}<\\\/p><\\\/div>\",\"ris\":\"

TY - GEN<\\\/p>

T1 - \u00d6sterreich steckt im dritten Rezessionsjahr<\\\/p>

T2 - Prognose f\u00fcr 2025 und 2026<\\\/p>

AU - Scheiblecker, Marcus<\\\/p>

AU - Ederer, Stefan<\\\/p>

PY - 2025\\\/3\\\/27<\\\/p>

Y1 - 2025\\\/3\\\/27<\\\/p>

N2 - Der bereits seit Anfang 2023 beobachtete R\u00fcckgang der Industrieproduktion im Euro-Raum strahlt weiterhin auf \u00d6sterreich aus. Umfragen unter Industrieunternehmen lassen bislang noch keine Trendwende erkennen. Zudem belastet die angek\u00fcndigte Zollerh\u00f6hung der USA auf Exportg\u00fcter der EU die Stimmung. Die Bau- und die Konsumnachfrage legen hingegen tendenziell zu. Die Inflationsrate erh\u00f6hte sich Anfang 2025 deutlich, wird jedoch im weiteren Jahresverlauf wieder sinken. Der Arbeitsmarkt erweist sich angesichts der Dauer und Schwere der Rezession als relativ robust, wenngleich die Arbeitslosigkeit auch 2025 steigen wird. Das WIFO prognostiziert f\u00fcr 2025 einen BIP-R\u00fcckgang von 0,3%. 2026 wird die \u00f6sterreichische Wirtschaft wieder Fahrt aufnehmen (+1,2%).<\\\/p>

AB - Der bereits seit Anfang 2023 beobachtete R\u00fcckgang der Industrieproduktion im Euro-Raum strahlt weiterhin auf \u00d6sterreich aus. Umfragen unter Industrieunternehmen lassen bislang noch keine Trendwende erkennen. Zudem belastet die angek\u00fcndigte Zollerh\u00f6hung der USA auf Exportg\u00fcter der EU die Stimmung. Die Bau- und die Konsumnachfrage legen hingegen tendenziell zu. Die Inflationsrate erh\u00f6hte sich Anfang 2025 deutlich, wird jedoch im weiteren Jahresverlauf wieder sinken. Der Arbeitsmarkt erweist sich angesichts der Dauer und Schwere der Rezession als relativ robust, wenngleich die Arbeitslosigkeit auch 2025 steigen wird. Das WIFO prognostiziert f\u00fcr 2025 einen BIP-R\u00fcckgang von 0,3%. 2026 wird die \u00f6sterreichische Wirtschaft wieder Fahrt aufnehmen (+1,2%).<\\\/p>

KW - WIFO-Konjunkturprognose<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

JO - WIFO-Konjunkturprognose<\\\/p>

JF - WIFO-Konjunkturprognose<\\\/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":"\nAustria is in its Third Year of Recession - 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\/423475\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Austria is in its Third Year of Recession\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/423475\/\" \/>\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=\"2025-03-27T09:15:22+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\\\/423475\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/423475\\\/\",\"name\":\"Austria is in its Third Year of Recession - 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