{"id":441997,"date":"2026-02-20T14:38:41","date_gmt":"2026-02-20T13:38:41","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/441997\/"},"modified":"2026-02-20T14:38:42","modified_gmt":"2026-02-20T13:38:42","slug":"inflation-rate-falls-significantly-but-economic-activity-remains-sluggish","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/441997\/","title":{"rendered":"Inflation Rate Falls Significantly, but Economic Activity Remains Sluggish"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-441997","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Having overcome the recession, Austria's industry does not appear to be gaining momentum for the time being. After three slight improvements, the WIFO-Konjunkturtest (business cycle survey) for January 2026 showed a renewed deterioration in the business climate of the manufacturing sector. International demand for domestic industrial goods is suffering from the economic weakness in the EU and US tariffs. The Austrian inflation rate almost halved in January compared with the previous month. Stabilisation trends are also evident on the labour market.","onlinedate":"2026-02-20 13:38:43","lang":"German","publication_series":"","publication_date":"20260220","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"f9b72406-fd57-4088-9e3b-16d24755a18d\",\"3d7d6a8a-0fad-4b89-81be-ba82dbaf389d\",\"a6fbf164-eb8c-415d-9e1b-6ee28e9c14e6\"]","pdf":442000,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"99","monthly_report_pages":"51-59","monthly_report_pages_sort":"51","issue":"2","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[3837],"persons_data":"[{\"personId\":3837,\"personName\":\"Marcus Scheiblecker\",\"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> (2026). Inflationsrate sinkt deutlich, doch Konjunktur ist bislang matt<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 99<\\\/em>(2), 51-59.<\\\/div>\",\"vancouver\":\"
Scheiblecker M<\\\/span>. Inflationsrate sinkt deutlich, doch Konjunktur ist bislang matt<\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2026 Feb 20;99(2):51-59.<\\\/div>\",\"bibtex\":\"
@misc{2980b64a7cf74a69bf99025de794d66f,<\\\/div>
title = \\\"Inflationsrate sinkt deutlich, doch Konjunktur ist bislang matt\\\",<\\\/div>
abstract = \\\"{\\\\\\\"O}sterreichs Industrie scheint nach {\\\\\\\"U}berwindung der Rezession vorerst nicht weiter an Schwung zu gewinnen. Der WIFO-Konjunkturtest von J{\\\\\\\"a}nner 2026 zeigte nach dreimaliger leichter Besserung wieder eine Eintr{\\\\\\\"u}bung des Konjunkturklimas in der Sachg{\\\\\\\"u}tererzeugung. Die internationale Nachfrage nach heimischen Industrieg{\\\\\\\"u}tern leidet unter der Konjunkturschw{\\\\\\\"a}che in der EU und den Z{\\\\\\\"o}llen der USA. Die Inflationsrate halbierte sich im J{\\\\\\\"a}nner nahezu gegen{\\\\\\\"u}ber dem Vormonat. Auch auf dem Arbeitsmarkt sind Stabilisierungstendenzen erkennbar.\\\",<\\\/div>
keywords = \\\"Konjunkturbericht\\\",<\\\/div>
author = \\\"Marcus Scheiblecker\\\",<\\\/div>
year = \\\"2026\\\",<\\\/div>
month = feb,<\\\/div>
day = \\\"20\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"99\\\",<\\\/div>
pages = \\\"51--59\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

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

TY - GEN<\\\/p>

T1 - Inflationsrate sinkt deutlich, doch Konjunktur ist bislang matt<\\\/p>

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

PY - 2026\\\/2\\\/20<\\\/p>

Y1 - 2026\\\/2\\\/20<\\\/p>

N2 - \u00d6sterreichs Industrie scheint nach \u00dcberwindung der Rezession vorerst nicht weiter an Schwung zu gewinnen. Der WIFO-Konjunkturtest von J\u00e4nner 2026 zeigte nach dreimaliger leichter Besserung wieder eine Eintr\u00fcbung des Konjunkturklimas in der Sachg\u00fctererzeugung. Die internationale Nachfrage nach heimischen Industrieg\u00fctern leidet unter der Konjunkturschw\u00e4che in der EU und den Z\u00f6llen der USA. Die Inflationsrate halbierte sich im J\u00e4nner nahezu gegen\u00fcber dem Vormonat. Auch auf dem Arbeitsmarkt sind Stabilisierungstendenzen erkennbar.<\\\/p>

AB - \u00d6sterreichs Industrie scheint nach \u00dcberwindung der Rezession vorerst nicht weiter an Schwung zu gewinnen. Der WIFO-Konjunkturtest von J\u00e4nner 2026 zeigte nach dreimaliger leichter Besserung wieder eine Eintr\u00fcbung des Konjunkturklimas in der Sachg\u00fctererzeugung. Die internationale Nachfrage nach heimischen Industrieg\u00fctern leidet unter der Konjunkturschw\u00e4che in der EU und den Z\u00f6llen der USA. Die Inflationsrate halbierte sich im J\u00e4nner nahezu gegen\u00fcber dem Vormonat. Auch auf dem Arbeitsmarkt sind Stabilisierungstendenzen erkennbar.<\\\/p>

KW - Konjunkturbericht<\\\/p>

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

VL - 99<\\\/p>

SP - 51<\\\/p>

EP - 59<\\\/p>

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

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

ER - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Czaloun Astrid\",\"Glauninger Ursula\",\"Steiner Martha\"]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nInflation Rate Falls Significantly, but Economic Activity Remains Sluggish - 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\/441997\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation Rate Falls Significantly, but Economic Activity Remains Sluggish\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/441997\/\" \/>\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=\"2026-02-20T13:38:42+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\\\/441997\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/441997\\\/\",\"name\":\"Inflation Rate Falls Significantly, but Economic Activity Remains Sluggish - 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