{"id":446550,"date":"2026-05-06T13:29:49","date_gmt":"2026-05-06T11:29:49","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/446550\/"},"modified":"2026-05-06T13:53:02","modified_gmt":"2026-05-06T11:53:02","slug":"economic-outlook-for-2021-to-2023-new-lockdown-delays-economic-recovery-in-austria-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/446550\/","title":{"rendered":"Economic Outlook for 2021 to 2023: New Lockdown Delays Economic Recovery in Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-446550","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The strong economic recovery in Austria in spring and summer 2021 is slowing down in the second half due to the renewed lockdown, persistent supply bottlenecks and high commodity prices. In 2022, the economy should recover quickly after the restrictions are lifted. Strong growth is expected for 2022 as a whole due to the gradual unwinding of the barriers. In 2023, the Austrian economy then swings to a moderate growth path. The labour market develops favourably in the forecast period. Inflation will remain high in 2022.","onlinedate":"2021-12-15 10:30:00","lang":"German","publication_series":"","publication_date":"20211201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"36","keywords":"[\"WIFO-Konjunkturprognose\"]","jelcodes":"[]","related_publications":"[]","pdf":446555,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"WIFO-Konjunkturprognose","publisher":"","invisible":false,"external":false,"embargo_date":"2021-12-15 10:30:00","types":[44368],"research_groups":[3500],"collaboration":"","persons":[3567,3865],"persons_data":"[{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"organisationNames\":[]},{\"personId\":3865,\"personName\":\"Stefan Schiman\",\"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>Ederer, S.<\\\/span><span>, &amp; Schiman, S.<\\\/span> (2021). <span>Prognose f\u00fcr 2021 bis 2023: Neuerlicher Lockdown verz\u00f6gert Konjunkturerholung in \u00d6sterreich<\\\/span>. <span><em>WIFO-Konjunkturprognose<\\\/em><\\\/span>.<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Ederer S<\\\/span><span>, Schiman S<\\\/span>. <span class=\\\"title\\\"><span>Prognose f\u00fcr 2021 bis 2023: Neuerlicher Lockdown verz\u00f6gert Konjunkturerholung in \u00d6sterreich<\\\/span><\\\/span>. <span>WIFO-Konjunkturprognose<\\\/span>. 2021 Dec.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{d7f204d7950f44b3a2f06c653132c10f,<\\\/div><div>  title    = \\\"Prognose f{\\\\\\\"u}r 2021 bis 2023: Neuerlicher Lockdown verz{\\\\\\\"o}gert Konjunkturerholung in {\\\\\\\"O}sterreich\\\",<\\\/div><div>  abstract = \\\"Die kr{\\\\\\\"a}ftige Konjunkturerholung in {\\\\\\\"O}sterreich im Fr{\\\\\\\"u}hjahr und Sommer 2021 wird im 2. Halbjahr durch den neuerlichen Lockdown, anhaltende Lieferengp{\\\\\\\"a}sse und hohe Rohstoffpreise gebremst. 2022 d{\\\\\\\"u}rfte sich die Wirtschaft nach der Aufhebung der Einschr{\\\\\\\"a}nkungen rasch wieder erholen. Aufgrund der schrittweisen Aufl{\\\\\\\"o}sung der Hemmnisse wird f{\\\\\\\"u}r das Gesamtjahr 2022 ein kr{\\\\\\\"a}ftiges Wachstum erwartet. 2023 schwenkt die {\\\\\\\"o}sterreichische Wirtschaft dann auf einen moderaten Wachstumskurs ein. Der Arbeitsmarkt entwickelt sich im Prognosezeitraum g{\\\\\\\"u}nstig. Die Inflation wird auch 2022 hoch bleiben.\\\",<\\\/div><div>  keywords = \\\"WIFO-Konjunkturprognose, WIFO-Konjunkturprognose\\\",<\\\/div><div>  author   = \\\"Stefan Ederer and Stefan Schiman\\\",<\\\/div><div>  note     = \\\"WIFO-Konjunkturprognose vom Dezember 2021\\\",<\\\/div><div>  year     = \\\"2021\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  journal  = \\\"WIFO-Konjunkturprognose\\\",<\\\/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  - Prognose f\u00fcr 2021 bis 2023: Neuerlicher Lockdown verz\u00f6gert Konjunkturerholung in \u00d6sterreich<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>AU  - Schiman, Stefan<\\\/p><p>N1  - WIFO-Konjunkturprognose vom Dezember 2021<\\\/p><p>PY  - 2021\\\/12<\\\/p><p>Y1  - 2021\\\/12<\\\/p><p>N2  - Die kr\u00e4ftige Konjunkturerholung in \u00d6sterreich im Fr\u00fchjahr und Sommer 2021 wird im 2. Halbjahr durch den neuerlichen Lockdown, anhaltende Lieferengp\u00e4sse und hohe Rohstoffpreise gebremst. 2022 d\u00fcrfte sich die Wirtschaft nach der Aufhebung der Einschr\u00e4nkungen rasch wieder erholen. Aufgrund der schrittweisen Aufl\u00f6sung der Hemmnisse wird f\u00fcr das Gesamtjahr 2022 ein kr\u00e4ftiges Wachstum erwartet. 2023 schwenkt die \u00f6sterreichische Wirtschaft dann auf einen moderaten Wachstumskurs ein. Der Arbeitsmarkt entwickelt sich im Prognosezeitraum g\u00fcnstig. Die Inflation wird auch 2022 hoch bleiben.<\\\/p><p>AB  - Die kr\u00e4ftige Konjunkturerholung in \u00d6sterreich im Fr\u00fchjahr und Sommer 2021 wird im 2. Halbjahr durch den neuerlichen Lockdown, anhaltende Lieferengp\u00e4sse und hohe Rohstoffpreise gebremst. 2022 d\u00fcrfte sich die Wirtschaft nach der Aufhebung der Einschr\u00e4nkungen rasch wieder erholen. Aufgrund der schrittweisen Aufl\u00f6sung der Hemmnisse wird f\u00fcr das Gesamtjahr 2022 ein kr\u00e4ftiges Wachstum erwartet. 2023 schwenkt die \u00f6sterreichische Wirtschaft dann auf einen moderaten Wachstumskurs ein. Der Arbeitsmarkt entwickelt sich im Prognosezeitraum g\u00fcnstig. Die Inflation wird auch 2022 hoch bleiben.<\\\/p><p>KW  - WIFO-Konjunkturprognose<\\\/p><p>KW  - WIFO-Konjunkturprognose<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>JO  - WIFO-Konjunkturprognose<\\\/p><p>JF  - WIFO-Konjunkturprognose<\\\/p><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":"<!-- 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>Economic Outlook for 2021 to 2023: New Lockdown Delays Economic Recovery in Austria - 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\/446550\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Outlook for 2021 to 2023: New Lockdown Delays Economic Recovery in Austria\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/446550\/\" \/>\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=\"2026-05-06T11:53:02+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\\\/446550\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/446550\\\/\",\"name\":\"Economic Outlook for 2021 to 2023: New Lockdown Delays Economic Recovery in Austria - 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