{"id":450892,"date":"2026-07-10T13:35:26","date_gmt":"2026-07-10T11:35:26","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/450892\/"},"modified":"2026-07-10T13:35:27","modified_gmt":"2026-07-10T11:35:27","slug":"energy-prices-only-briefly-slow-down-austrias-economy-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/450892\/","title":{"rendered":"Energy Prices Only Briefly Slow Down Austria's Economy"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-450892","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook for 2026 and 2027","text":"The Austrian economy grew more strongly last year than assumed in the WIFO spring forecast of April 2026, resulting in a more favourable starting position for the current year. However, the war in Iran is taking its toll. Inflation has risen significantly, and sentiment has deteriorated. As energy prices fall, economic activity will regain momentum from the second half of the year onwards. Austria's economy is expected to grow by around 1 percent in both 2026 and 2027. Average annual inflation will stand at 3.2 percent in 2026 and decrease to 2.4 percent in 2027. The unemployment rate will rise slightly in the current year and fall to 7.3 percent in 2027.","onlinedate":"2026-07-10 11:35:28","lang":"English","publication_series":"","publication_date":"20260710","publication_date_year":"","publication_date_full":true,"publication_num_pages":"14","keywords":"[\"Economic outlook\",\"forecast\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"e65a39e5-5a25-4b9d-9bc3-7a83b86378d0\",\"456fb286-af17-4d53-9f17-1667cd665002\",\"34ceba95-0deb-4ecc-9649-fd3cf33b0d3b\"]","pdf":450895,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"9","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44424],"research_groups":[3500],"collaboration":"","persons":[3567],"persons_data":"[{\"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\":\"
Ederer, S.<\\\/span> (2026). Energy Prices Only Briefly Slow Down Austria's Economy: Economic Outlook for 2026 and 2027<\\\/span>. WIFO Reports on Austria<\\\/em><\\\/span>, (9).<\\\/div>\",\"vancouver\":\"
Ederer S<\\\/span>. Energy Prices Only Briefly Slow Down Austria's Economy: Economic Outlook for 2026 and 2027<\\\/span><\\\/span><\\\/span>. WIFO Reports on Austria<\\\/span>. 2026 Jul 10;(9).<\\\/div>\",\"bibtex\":\"
@misc{c4461abf6fe341a99460c7662943f1e7,<\\\/div>
title = \\\"Energy Prices Only Briefly Slow Down Austria's Economy: Economic Outlook for 2026 and 2027\\\",<\\\/div>
abstract = \\\"The Austrian economy grew more strongly last year than assumed in the WIFO spring forecast of April 2026, resulting in a more favourable starting position for the current year. However, the war in Iran is taking its toll. Inflation has risen significantly, and sentiment has deteriorated. As energy prices fall, economic activity will regain momentum from the second half of the year onwards. Austria's economy is expected to grow by around 1 percent in both 2026 and 2027. Average annual inflation will stand at 3.2 percent in 2026 and decrease to 2.4 percent in 2027. The unemployment rate will rise slightly in the current year and fall to 7.3 percent in 2027.\\\",<\\\/div>
keywords = \\\"Economic outlook, forecast\\\",<\\\/div>
author = \\\"Stefan Ederer\\\",<\\\/div>
year = \\\"2026\\\",<\\\/div>
month = jul,<\\\/div>
day = \\\"10\\\",<\\\/div>
language = \\\"English\\\",<\\\/div>
journal = \\\"WIFO Reports on Austria\\\",<\\\/div>

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TY - GEN<\\\/p>

T1 - Energy Prices Only Briefly Slow Down Austria's Economy<\\\/p>

T2 - Economic Outlook for 2026 and 2027<\\\/p>

AU - Ederer, Stefan<\\\/p>

PY - 2026\\\/7\\\/10<\\\/p>

Y1 - 2026\\\/7\\\/10<\\\/p>

N2 - The Austrian economy grew more strongly last year than assumed in the WIFO spring forecast of April 2026, resulting in a more favourable starting position for the current year. However, the war in Iran is taking its toll. Inflation has risen significantly, and sentiment has deteriorated. As energy prices fall, economic activity will regain momentum from the second half of the year onwards. Austria's economy is expected to grow by around 1 percent in both 2026 and 2027. Average annual inflation will stand at 3.2 percent in 2026 and decrease to 2.4 percent in 2027. The unemployment rate will rise slightly in the current year and fall to 7.3 percent in 2027.<\\\/p>

AB - The Austrian economy grew more strongly last year than assumed in the WIFO spring forecast of April 2026, resulting in a more favourable starting position for the current year. However, the war in Iran is taking its toll. Inflation has risen significantly, and sentiment has deteriorated. As energy prices fall, economic activity will regain momentum from the second half of the year onwards. Austria's economy is expected to grow by around 1 percent in both 2026 and 2027. Average annual inflation will stand at 3.2 percent in 2026 and decrease to 2.4 percent in 2027. The unemployment rate will rise slightly in the current year and fall to 7.3 percent in 2027.<\\\/p>

KW - Economic outlook<\\\/p>

KW - forecast<\\\/p>

M3 - WIFO series<\\\/p>

JO - WIFO Reports on Austria<\\\/p>

JF - WIFO Reports on Austria<\\\/p>

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