{"id":445872,"date":"2026-04-20T15:37:55","date_gmt":"2026-04-20T13:37:55","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/445872\/"},"modified":"2026-04-20T15:37:56","modified_gmt":"2026-04-20T13:37:56","slug":"iran-war-threatens-economic-recovery-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/445872\/","title":{"rendered":"Iran War Threatens Economic Recovery"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-445872","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook for 2026 and 2027","text":"As a result of the Iran war, crude oil and natural gas prices have surged. Moreover, uncertainty over the duration and future course of the conflict is dampening the investment climate in the EU. This will also affect Austrian industry, which has been suffering from weak international demand for capital goods for years. The inflation rate should continue to fall despite the Iran war, though the recent rise in energy prices is slowing this decline. The unemployment rate will remain at the elevated level of the previous year in 2026 and will not fall until 2027.","onlinedate":"2026-04-20 13:37:57","lang":"English","publication_series":"","publication_date":"20260420","publication_date_year":"","publication_date_full":true,"publication_num_pages":"17","keywords":"[\"Economic outlook\",\"forecast\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"eac36bbc-a962-4a35-a74e-3d40b413116c\",\"262ebcb2-1b34-44f0-8e28-5957d5706e76\",\"9f127753-0042-452d-99af-96919f1fbc65\"]","pdf":445875,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"5","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44424],"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> (2026). <span>Iran War Threatens Economic Recovery: Economic Outlook for 2026 and 2027<\\\/span>. <span><em>WIFO Reports on Austria<\\\/em><\\\/span>, (5).<\\\/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>Iran War Threatens Economic Recovery: <span class=\\\"subtitle\\\">Economic Outlook for 2026 and 2027<\\\/span><\\\/span><\\\/span>. <span>WIFO Reports on Austria<\\\/span>. 2026 Apr 20;(5).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{ce68a3de32db4c378b99609891011126,<\\\/div><div>  title    = \\\"Iran War Threatens Economic Recovery: Economic Outlook for 2026 and 2027\\\",<\\\/div><div>  abstract = \\\"As a result of the Iran war, crude oil and natural gas prices have surged. Moreover, uncertainty over the duration and future course of the conflict is dampening the investment climate in the EU. This will also affect Austrian industry, which has been suffering from weak international demand for capital goods for years. The inflation rate should continue to fall despite the Iran war, though the recent rise in energy prices is slowing this decline. The unemployment rate will remain at the elevated level of the previous year in 2026 and will not fall until 2027.\\\",<\\\/div><div>  keywords = \\\"Economic outlook, forecast\\\",<\\\/div><div>  author   = \\\"Marcus Scheiblecker and Stefan Ederer\\\",<\\\/div><div>  year     = \\\"2026\\\",<\\\/div><div>  month    = apr,<\\\/div><div>  day      = \\\"20\\\",<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Reports on Austria\\\",<\\\/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  - Iran War Threatens Economic Recovery<\\\/p><p>T2  - Economic Outlook for 2026 and 2027<\\\/p><p>AU  - Scheiblecker, Marcus<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>PY  - 2026\\\/4\\\/20<\\\/p><p>Y1  - 2026\\\/4\\\/20<\\\/p><p>N2  - As a result of the Iran war, crude oil and natural gas prices have surged. Moreover, uncertainty over the duration and future course of the conflict is dampening the investment climate in the EU. This will also affect Austrian industry, which has been suffering from weak international demand for capital goods for years. The inflation rate should continue to fall despite the Iran war, though the recent rise in energy prices is slowing this decline. The unemployment rate will remain at the elevated level of the previous year in 2026 and will not fall until 2027.<\\\/p><p>AB  - As a result of the Iran war, crude oil and natural gas prices have surged. Moreover, uncertainty over the duration and future course of the conflict is dampening the investment climate in the EU. This will also affect Austrian industry, which has been suffering from weak international demand for capital goods for years. The inflation rate should continue to fall despite the Iran war, though the recent rise in energy prices is slowing this decline. The unemployment rate will remain at the elevated level of the previous year in 2026 and will not fall until 2027.<\\\/p><p>KW  - Economic outlook<\\\/p><p>KW  - forecast<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Reports on Austria<\\\/p><p>JF  - WIFO Reports on Austria<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Czaloun Astrid\",\"Steiner Martha\"]","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>Iran War Threatens Economic Recovery - 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\/445872\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran War Threatens Economic Recovery\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/445872\/\" \/>\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=\"2026-04-20T13:37:56+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\\\/445872\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/445872\\\/\",\"name\":\"Iran War Threatens Economic Recovery - 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