{"id":427478,"date":"2025-06-25T16:38:00","date_gmt":"2025-06-25T14:38:00","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/427478\/"},"modified":"2025-06-27T14:15:10","modified_gmt":"2025-06-27T12:15:10","slug":"economic-forecasts-improve-but-remain-cautious","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/427478\/","title":{"rendered":"Economic Forecasts Improve, but Remain Cautious"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-427478","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest (Business Cycle Survey) of June 2025","text":"The results of the WIFO- Konjunkturtest (business cycle survey) show a slight improvement in overall economic assessments in June. At \u20133.9 points (seasonally adjusted), the WIFO Business Climate Index was 0.7 points higher than in May. Sentiment has improved slightly in all sectors except manufacturing. However, the declines in manufacturing mainly affected the previously more dynamic consumer goods sector. The slight decline in expectations in industry shows that the stabilisation of the industrial economy is being affected by the high level of global uncertainty.","onlinedate":"2025-06-27 14:00:00","lang":"German","publication_series":"","publication_date":"20250627","publication_date_year":"","publication_date_full":true,"publication_num_pages":"13","keywords":"[\"KT_Aktuell\"]","jelcodes":"[]","related_publications":"[]","pdf":427577,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"6","journal":"WIFO-Konjunkturtest","publisher":"","invisible":false,"external":false,"embargo_date":"2025-06-27 14:00:00","types":[44466],"research_groups":[3491,3500,3481],"collaboration":"","persons":[3607,3537,3731,3488],"persons_data":"[{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":3537,\"personName\":\"J\u00fcrgen Bierbaumer\",\"organisationNames\":[]},{\"personId\":3731,\"personName\":\"Michael Klien\",\"organisationNames\":[]},{\"personId\":3488,\"personName\":\"Agnes K\u00fcgler\",\"organisationNames\":[]}]","clients":[10646],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"
H\u00f6lzl, W.<\\\/span>, Bierbaumer, J.<\\\/span>, Klien, M.<\\\/span>, & K\u00fcgler, A.<\\\/span> (2025). Konjunktureinsch\u00e4tzungen verbessern sich, bleiben aber vorsichtig: Ergebnisse des WIFO-Konjunkturtests vom Juni 2025<\\\/span>. WIFO-Konjunkturtest<\\\/em><\\\/span>, (6).<\\\/div>\",\"vancouver\":\"
H\u00f6lzl W<\\\/span>, Bierbaumer J<\\\/span>, Klien M<\\\/span>, K\u00fcgler A<\\\/span>. Konjunktureinsch\u00e4tzungen verbessern sich, bleiben aber vorsichtig: Ergebnisse des WIFO-Konjunkturtests vom Juni 2025<\\\/span><\\\/span><\\\/span>. WIFO-Konjunkturtest<\\\/span>. 2025 Jun 27;(6).<\\\/div>\",\"bibtex\":\"
@misc{8ffb1f13164746ea97519f280afe9b1c,<\\\/div>
title = \\\"Konjunktureinsch{\\\\\\\"a}tzungen verbessern sich, bleiben aber vorsichtig: Ergebnisse des WIFO-Konjunkturtests vom Juni 2025\\\",<\\\/div>
abstract = \\\"Die Ergebnisse des WIFO-Konjunkturtests zeigen im Juni eine leichte Verbesserung der gesamtwirtschaftlichen Konjunktureinsch{\\\\\\\"a}tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20133,9 Punkten (saisonbereinigt) 0,7 Punkte {\\\\\\\"u}ber dem Wert vom Mai. Die Stimmungslage hat sich in allen Sektoren au{\\\\ss}er der Sachg{\\\\\\\"u}tererzeugung leicht verbessert. Die R{\\\\\\\"u}ckg{\\\\\\\"a}nge in der Sachg{\\\\\\\"u}tererzeugung betrafen aber vor allem den bisher dynamischeren Konsumg{\\\\\\\"u}terbereich. Der leichte R{\\\\\\\"u}ckgang der Erwartungen in der Industrie zeigt, dass die Stabilisierung der Industriekonjunktur durch die hohe globale Unsicherheit beeintr{\\\\\\\"a}chtigt wird.\\\",<\\\/div>
keywords = \\\"KT\\\\_Aktuell, KT\\\\_Aktuell\\\",<\\\/div>
author = \\\"Werner H{\\\\\\\"o}lzl and J{\\\\\\\"u}rgen Bierbaumer and Michael Klien and Agnes K{\\\\\\\"u}gler\\\",<\\\/div>
year = \\\"2025\\\",<\\\/div>
month = jun,<\\\/div>
day = \\\"27\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
journal = \\\"WIFO-Konjunkturtest\\\",<\\\/div>

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

TY - GEN<\\\/p>

T1 - Konjunktureinsch\u00e4tzungen verbessern sich, bleiben aber vorsichtig<\\\/p>

T2 - Ergebnisse des WIFO-Konjunkturtests vom Juni 2025<\\\/p>

AU - H\u00f6lzl, Werner<\\\/p>

AU - Bierbaumer, J\u00fcrgen<\\\/p>

AU - Klien, Michael<\\\/p>

AU - K\u00fcgler, Agnes<\\\/p>

PY - 2025\\\/6\\\/27<\\\/p>

Y1 - 2025\\\/6\\\/27<\\\/p>

N2 - Die Ergebnisse des WIFO-Konjunkturtests zeigen im Juni eine leichte Verbesserung der gesamtwirtschaftlichen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20133,9 Punkten (saisonbereinigt) 0,7 Punkte \u00fcber dem Wert vom Mai. Die Stimmungslage hat sich in allen Sektoren au\u00dfer der Sachg\u00fctererzeugung leicht verbessert. Die R\u00fcckg\u00e4nge in der Sachg\u00fctererzeugung betrafen aber vor allem den bisher dynamischeren Konsumg\u00fcterbereich. Der leichte R\u00fcckgang der Erwartungen in der Industrie zeigt, dass die Stabilisierung der Industriekonjunktur durch die hohe globale Unsicherheit beeintr\u00e4chtigt wird.<\\\/p>

AB - Die Ergebnisse des WIFO-Konjunkturtests zeigen im Juni eine leichte Verbesserung der gesamtwirtschaftlichen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20133,9 Punkten (saisonbereinigt) 0,7 Punkte \u00fcber dem Wert vom Mai. Die Stimmungslage hat sich in allen Sektoren au\u00dfer der Sachg\u00fctererzeugung leicht verbessert. Die R\u00fcckg\u00e4nge in der Sachg\u00fctererzeugung betrafen aber vor allem den bisher dynamischeren Konsumg\u00fcterbereich. Der leichte R\u00fcckgang der Erwartungen in der Industrie zeigt, dass die Stabilisierung der Industriekonjunktur durch die hohe globale Unsicherheit beeintr\u00e4chtigt wird.<\\\/p>

KW - KT_Aktuell<\\\/p>

KW - KT_Aktuell<\\\/p>

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

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

JF - WIFO-Konjunkturtest<\\\/p>

ER - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Agnezy Birgit\"]","scientific_review":"[\"Bilek-Steindl Sandra\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nEconomic Forecasts Improve, but Remain Cautious - 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\/427478\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Forecasts Improve, but Remain Cautious\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/427478\/\" \/>\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=\"2025-06-27T12:15:10+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\\\/427478\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/427478\\\/\",\"name\":\"Economic Forecasts Improve, but Remain Cautious - 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