{"id":448662,"date":"2026-06-02T12:19:11","date_gmt":"2026-06-02T10:19:11","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/448662\/"},"modified":"2026-06-02T12:19:12","modified_gmt":"2026-06-02T10:19:12","slug":"rising-energy-prices-due-to-the-iran-war-are-dampening-economic-sentiment","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/448662\/","title":{"rendered":"Rising Energy Prices Due to the Iran War are Dampening Economic Sentiment"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-448662","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Results of the WIFO-Konjunkturtest Quarterly Survey of April 2026","text":"The impact of the Iran war on energy prices has recently weighed on the economic climate in Austria. The indicators of the WIFO-Konjunkturtest (business cycle survey) deteriorated quarter-over-quarter. Economic expectations, in particular, declined significantly. Business uncertainty rose compared to January and is now at an elevated level. Capacity utilisation improved but remained below average. The \"insufficient demand\" was also the most frequently cited obstacle to business activity across all economic sectors in April 2026.","onlinedate":"2026-06-02 10:19:14","lang":"German","publication_series":"","publication_date":"20260602","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"ce3f9566-778b-4151-9967-60cd942396e1\",\"8255f1ca-4e44-4585-8372-19891c27b6bb\",\"e3d176b4-ffbc-46d7-b807-9ce30743735b\",\"41625dc8-f60f-42ec-989b-91b03331a137\"]","pdf":448664,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"99","monthly_report_pages":"231-241","monthly_report_pages_sort":"231","issue":"5","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"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":[],"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). Energiepreisauftrieb infolge des Iran-Krieges dr\u00fcckt Konjunkturstimmung: Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom April 2026<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 99<\\\/em>(5), 231-241.<\\\/div>\",\"vancouver\":\"
H\u00f6lzl W<\\\/span>, Bierbaumer J<\\\/span>, Klien M<\\\/span>, K\u00fcgler A<\\\/span>. Energiepreisauftrieb infolge des Iran-Krieges dr\u00fcckt Konjunkturstimmung: Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom April 2026<\\\/span><\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2026 Jun 2;99(5):231-241.<\\\/div>\",\"bibtex\":\"
@misc{0e4911a2b5ec4faa9db312517eff5e01,<\\\/div>
title = \\\"Energiepreisauftrieb infolge des Iran-Krieges dr{\\\\\\\"u}ckt Konjunkturstimmung: Ergebnisse der Quartalsbefragung des WIFO-Konjunkturtests vom April 2026\\\",<\\\/div>
abstract = \\\"Die Energiepreiseffekte des Iran-Krieges tr{\\\\\\\"u}bten zuletzt das Konjunkturklima in {\\\\\\\"O}sterreich. Die Indikatoren des WIFO-Konjunkturtests verschlechterten sich im Quartalsvergleich. Besonders die Konjunkturerwartungen gaben deutlich nach. Die unternehmerische Unsicherheit nahm gegen{\\\\\\\"u}ber J{\\\\\\\"a}nner zu und notierte auf {\\\\\\\"u}berdurchschnittlichem Niveau. Die Kapazit{\\\\\\\"a}tsauslastung verbesserte sich, blieb aber unterdurchschnittlich. Der {\\\"}Mangel an Nachfrage{\\\"} war auch im April 2026 in allen Wirtschaftsbereichen das meistgenannte Hemmnis der Gesch{\\\\\\\"a}ftst{\\\\\\\"a}tigkeit.\\\",<\\\/div>
keywords = \\\"WIFO-Konjunkturtest, Quartalsdaten, Konjunktur\\\",<\\\/div>
author = \\\"Werner H{\\\\\\\"o}lzl and J{\\\\\\\"u}rgen Bierbaumer and Michael Klien and Agnes K{\\\\\\\"u}gler\\\",<\\\/div>
year = \\\"2026\\\",<\\\/div>
month = jun,<\\\/div>
day = \\\"2\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"99\\\",<\\\/div>
pages = \\\"231--241\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

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

TY - GEN<\\\/p>

T1 - Energiepreisauftrieb infolge des Iran-Krieges dr\u00fcckt Konjunkturstimmung<\\\/p>

T2 - Ergebnisse der Quartalsbefragung 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\\\/6\\\/2<\\\/p>

Y1 - 2026\\\/6\\\/2<\\\/p>

N2 - Die Energiepreiseffekte des Iran-Krieges tr\u00fcbten zuletzt das Konjunkturklima in \u00d6sterreich. Die Indikatoren des WIFO-Konjunkturtests verschlechterten sich im Quartalsvergleich. Besonders die Konjunkturerwartungen gaben deutlich nach. Die unternehmerische Unsicherheit nahm gegen\u00fcber J\u00e4nner zu und notierte auf \u00fcberdurchschnittlichem Niveau. Die Kapazit\u00e4tsauslastung verbesserte sich, blieb aber unterdurchschnittlich. Der \\\"Mangel an Nachfrage\\\" war auch im April 2026 in allen Wirtschaftsbereichen das meistgenannte Hemmnis der Gesch\u00e4ftst\u00e4tigkeit.<\\\/p>

AB - Die Energiepreiseffekte des Iran-Krieges tr\u00fcbten zuletzt das Konjunkturklima in \u00d6sterreich. Die Indikatoren des WIFO-Konjunkturtests verschlechterten sich im Quartalsvergleich. Besonders die Konjunkturerwartungen gaben deutlich nach. Die unternehmerische Unsicherheit nahm gegen\u00fcber J\u00e4nner zu und notierte auf \u00fcberdurchschnittlichem Niveau. Die Kapazit\u00e4tsauslastung verbesserte sich, blieb aber unterdurchschnittlich. Der \\\"Mangel an Nachfrage\\\" war auch im April 2026 in allen Wirtschaftsbereichen das meistgenannte Hemmnis der Gesch\u00e4ftst\u00e4tigkeit.<\\\/p>

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

KW - Quartalsdaten<\\\/p>

KW - Konjunktur<\\\/p>

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

VL - 99<\\\/p>

SP - 231<\\\/p>

EP - 241<\\\/p>

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

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

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