{"id":446138,"date":"2026-04-27T16:38:06","date_gmt":"2026-04-27T14:38:06","guid":{"rendered":""},"modified":"2026-04-29T14:15:10","modified_gmt":"2026-04-29T12:15:10","slug":"iran-war-puts-pressure-on-economic-climate","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/446138\/","title":{"rendered":"Iran War Puts Pressure on Economic Climate"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-446138","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest (Business Cycle Survey) of April 2026","text":"The results of the WIFO-Konjunkturtest (business cycle survey) show a marked decline in business sentiment in April. The WIFO Business Climate Index stood at \u20135.8 points (seasonally adjusted), 3.9 points below the March value. The Iran war, with its impact on prices and the resulting uncertainty, is dampening business sentiment: Economic expectations and assessments of the current situation have deteriorated in April. The deterioration in economic sentiment is evident across all sectors. The declines are particularly pronounced in manufacturing and services. In the construction sector, although the expectations index shows an improvement, this is solely attributable to the rise in construction price expectations.","onlinedate":"2026-04-29 14:00:00","lang":"German","publication_series":"","publication_date":"20260429","publication_date_year":"","publication_date_full":true,"publication_num_pages":"13","keywords":"[\"KT_Aktuell\"]","jelcodes":"[]","related_publications":"[]","pdf":446340,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"4","journal":"WIFO-Konjunkturtest","publisher":"","invisible":false,"external":false,"embargo_date":"2026-04-29 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> (2026). Iran-Krieg belastet Konjunkturklima: Ergebnisse des WIFO-Konjunkturtests vom April 2026<\\\/span>. WIFO-Konjunkturtest<\\\/em><\\\/span>, (4).<\\\/div>\",\"vancouver\":\"
H\u00f6lzl W<\\\/span>, Bierbaumer J<\\\/span>, Klien M<\\\/span>, K\u00fcgler A<\\\/span>. Iran-Krieg belastet Konjunkturklima: Ergebnisse des WIFO-Konjunkturtests vom April 2026<\\\/span><\\\/span><\\\/span>. WIFO-Konjunkturtest<\\\/span>. 2026 Apr 29;(4).<\\\/div>\",\"bibtex\":\"
@misc{7d11dab248c146d8b40cfde2282b55c2,<\\\/div>
title = \\\"Iran-Krieg belastet Konjunkturklima: Ergebnisse des WIFO-Konjunkturtests vom April 2026\\\",<\\\/div>
abstract = \\\"Die Ergebnisse des WIFO-Konjunkturtests zeigen im April einen deutlichen R{\\\\\\\"u}ckgang der unternehmerischen Konjunktureinsch{\\\\\\\"a}tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20135,8 Punkten (saisonbereinigt) 3,9 Punkte unter dem Wert vom M{\\\\\\\"a}rz. Der Iran-Krieg mit seinen Preiseffekten und Unsicherheiten dr{\\\\\\\"u}ckt die Konjunkturstimmung: Konjunkturerwartungen und Lageeinsch{\\\\\\\"a}tzungen tr{\\\\\\\"u}ben sich im April ein. Die Eintr{\\\\\\\"u}bung der Konjunkturstimmung zeigt sich {\\\\\\\"u}ber die Sektoren hinweg. Besonders stark sind die R{\\\\\\\"u}ckg{\\\\\\\"a}nge in der Sachg{\\\\\\\"u}tererzeugung und den Dienstleistungen. In der Bauwirtschaft zeigt sich zwar eine Verbesserung des Erwartungsindex, der aber allein auf den Anstieg bei den Baupreiserwartungen zur{\\\\\\\"u}ckzuf{\\\\\\\"u}hren ist.\\\",<\\\/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 = \\\"2026\\\",<\\\/div>
month = apr,<\\\/div>
day = \\\"29\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
journal = \\\"WIFO-Konjunkturtest\\\",<\\\/div>

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

TY - GEN<\\\/p>

T1 - Iran-Krieg belastet Konjunkturklima<\\\/p>

T2 - Ergebnisse des WIFO-Konjunkturtests vom April 2026<\\\/p>

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

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

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

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

PY - 2026\\\/4\\\/29<\\\/p>

Y1 - 2026\\\/4\\\/29<\\\/p>

N2 - Die Ergebnisse des WIFO-Konjunkturtests zeigen im April einen deutlichen R\u00fcckgang der unternehmerischen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20135,8 Punkten (saisonbereinigt) 3,9 Punkte unter dem Wert vom M\u00e4rz. Der Iran-Krieg mit seinen Preiseffekten und Unsicherheiten dr\u00fcckt die Konjunkturstimmung: Konjunkturerwartungen und Lageeinsch\u00e4tzungen tr\u00fcben sich im April ein. Die Eintr\u00fcbung der Konjunkturstimmung zeigt sich \u00fcber die Sektoren hinweg. Besonders stark sind die R\u00fcckg\u00e4nge in der Sachg\u00fctererzeugung und den Dienstleistungen. In der Bauwirtschaft zeigt sich zwar eine Verbesserung des Erwartungsindex, der aber allein auf den Anstieg bei den Baupreiserwartungen zur\u00fcckzuf\u00fchren ist.<\\\/p>

AB - Die Ergebnisse des WIFO-Konjunkturtests zeigen im April einen deutlichen R\u00fcckgang der unternehmerischen Konjunktureinsch\u00e4tzungen. Der WIFO-Konjunkturklimaindex notierte mit \u20135,8 Punkten (saisonbereinigt) 3,9 Punkte unter dem Wert vom M\u00e4rz. Der Iran-Krieg mit seinen Preiseffekten und Unsicherheiten dr\u00fcckt die Konjunkturstimmung: Konjunkturerwartungen und Lageeinsch\u00e4tzungen tr\u00fcben sich im April ein. Die Eintr\u00fcbung der Konjunkturstimmung zeigt sich \u00fcber die Sektoren hinweg. Besonders stark sind die R\u00fcckg\u00e4nge in der Sachg\u00fctererzeugung und den Dienstleistungen. In der Bauwirtschaft zeigt sich zwar eine Verbesserung des Erwartungsindex, der aber allein auf den Anstieg bei den Baupreiserwartungen zur\u00fcckzuf\u00fchren ist.<\\\/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":"[\"Ederer Stefan\"]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nIran War Puts Pressure on Economic Climate - 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\/446138\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran War Puts Pressure on Economic Climate\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/446138\/\" \/>\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=\"2026-04-29T12:15:10+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\\\/446138\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/446138\\\/\",\"name\":\"Iran War Puts Pressure on Economic Climate - 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