{"id":453463,"date":"2026-10-12T14:34:10","date_gmt":"2026-10-12T12:34:10","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/453463\/"},"modified":"2026-10-14T10:15:17","modified_gmt":"2026-10-14T08:15:17","slug":"energy-prices-only-briefly-slow-down-austrias-economy-4","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/453463\/","title":{"rendered":"Industry Drives the Recovery, Energy Prices Dampen Purchasing Power"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-453463","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook for 2026 and 2027","text":"The Austrian economy is on a tentative path to recovery and is unlikely to be derailed by the renewed surge in energy prices. WIFO forecasts GDP growth of 0.9 percent for 2026. In 2027, it is expected to reach 1.3 percent. Over the forecast period, industry will replace the public sector as the main driver of growth, while private consumer demand will remain weak due to falling real wages and persistently high uncertainty.","onlinedate":"2026-10-14 10:00:00","lang":"German","publication_series":"","publication_date":"20261014","publication_date_year":"","publication_date_full":true,"publication_num_pages":"38","keywords":"[]","jelcodes":"[]","related_publications":"[\"a94d98e9-3b77-4454-9a75-ee559d13f31c\",\"e9854cf5-b2af-40ed-8a45-7d47225ebbca\"]","pdf":453633,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"3","journal":"WIFO-Konjunkturprognose","publisher":"","invisible":false,"external":false,"embargo_date":"2026-10-14 10:00:00","types":[44368],"research_groups":[3500],"collaboration":"","persons":[3543,3567],"persons_data":"[{\"personId\":3543,\"personName\":\"Christian Glocker\",\"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>Glocker, C.<\\\/span><span>, &amp; Ederer, S.<\\\/span> (2026). <span>Industrie tr\u00e4gt die Erholung, Energiepreise d\u00e4mpfen die Kaufkraft: Prognose f\u00fcr 2026 und 2027<\\\/span>. <span><em>WIFO-Konjunkturprognose<\\\/em><\\\/span>, (3).<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Glocker C<\\\/span><span>, Ederer S<\\\/span>. <span class=\\\"title\\\"><span>Industrie tr\u00e4gt die Erholung, Energiepreise d\u00e4mpfen die Kaufkraft: <span class=\\\"subtitle\\\">Prognose f\u00fcr 2026 und 2027<\\\/span><\\\/span><\\\/span>. <span>WIFO-Konjunkturprognose<\\\/span>. 2026 Oct 14;(3).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{e318c4754fa047b7806df82fb21063b3,<\\\/div><div>  title    = \\\"Industrie tr{\\\\\\\"a}gt die Erholung, Energiepreise d{\\\\\\\"a}mpfen die Kaufkraft: Prognose f{\\\\\\\"u}r 2026 und 2027\\\",<\\\/div><div>  abstract = \\\"Die {\\\\\\\"o}sterreichische Wirtschaft befindet sich auf einem zaghaften Erholungskurs und d{\\\\\\\"u}rfte trotz des neuerlichen Energiepreisschubs nicht davon abgebracht werden. Das WIFO erwartet f{\\\\\\\"u}r 2026 ein BIP-Wachstum von 0,9\\\\%. 2027 betr{\\\\\\\"a}gt es voraussichtlich 1,3\\\\%. Im Prognosezeitraum l{\\\\\\\"o}st die Industrie den {\\\\\\\"o}ffentlichen Bereich als Wachstumstr{\\\\\\\"a}ger ab, w{\\\\\\\"a}hrend die private Konsumnachfrage aufgrund sinkender Reall{\\\\\\\"o}hne und anhaltend hoher Unsicherheit schwach bleiben wird.\\\",<\\\/div><div>  keywords = \\\"WIFO-Konjunkturprognose\\\",<\\\/div><div>  author   = \\\"Christian Glocker and Stefan Ederer\\\",<\\\/div><div>  year     = \\\"2026\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  day      = \\\"14\\\",<\\\/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  - Industrie tr\u00e4gt die Erholung, Energiepreise d\u00e4mpfen die Kaufkraft<\\\/p><p>T2  - Prognose f\u00fcr 2026 und 2027<\\\/p><p>AU  - Glocker, Christian<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>PY  - 2026\\\/10\\\/14<\\\/p><p>Y1  - 2026\\\/10\\\/14<\\\/p><p>N2  - Die \u00f6sterreichische Wirtschaft befindet sich auf einem zaghaften Erholungskurs und d\u00fcrfte trotz des neuerlichen Energiepreisschubs nicht davon abgebracht werden. Das WIFO erwartet f\u00fcr 2026 ein BIP-Wachstum von 0,9%. 2027 betr\u00e4gt es voraussichtlich 1,3%. Im Prognosezeitraum l\u00f6st die Industrie den \u00f6ffentlichen Bereich als Wachstumstr\u00e4ger ab, w\u00e4hrend die private Konsumnachfrage aufgrund sinkender Reall\u00f6hne und anhaltend hoher Unsicherheit schwach bleiben wird.<\\\/p><p>AB  - Die \u00f6sterreichische Wirtschaft befindet sich auf einem zaghaften Erholungskurs und d\u00fcrfte trotz des neuerlichen Energiepreisschubs nicht davon abgebracht werden. Das WIFO erwartet f\u00fcr 2026 ein BIP-Wachstum von 0,9%. 2027 betr\u00e4gt es voraussichtlich 1,3%. Im Prognosezeitraum l\u00f6st die Industrie den \u00f6ffentlichen Bereich als Wachstumstr\u00e4ger ab, w\u00e4hrend die private Konsumnachfrage aufgrund sinkender Reall\u00f6hne und anhaltend hoher Unsicherheit schwach bleiben wird.<\\\/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 v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Industry Drives the Recovery, Energy Prices Dampen Purchasing Power - 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\/453463\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industry Drives the Recovery, Energy Prices Dampen Purchasing Power\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/453463\/\" \/>\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=\"2026-10-14T08:15:17+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\\\/453463\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/453463\\\/\",\"name\":\"Industry Drives the Recovery, Energy Prices Dampen Purchasing Power - 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