{"id":69065,"date":"2023-12-02T07:21:49","date_gmt":"2023-12-02T06:21:49","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/inflation-zur-haelfte-von-globalen-faktoren-bestimmt-2\/"},"modified":"2024-04-22T19:24:37","modified_gmt":"2024-04-22T17:24:37","slug":"inflation-zur-haelfte-von-globalen-faktoren-bestimmt-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/69065\/","title":{"rendered":"Global Factors Account for Half of Inflation"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-69065","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Inflation continues to be driven to a large extent by commodity prices, which have recently risen strongly due to the price of natural gas. Half of inflation is caused by global demand impulses (upswing of the world economy) and global supply shocks (supply and delivery bottlenecks). In the USA, the recovery is already further advanced than in the euro area, and monetary policy there is increasingly being tightened. Austria recorded one of the sharpest GDP declines in the euro area in the fourth quarter of 2021 \u2013 as it did in the fourth quarter of 2020. However, the domestic labour market weathered the fourth lockdown largely unscathed. Particularly in the manufacturing sector, optimism prevails despite material shortages and recruitment difficulties.","onlinedate":"2022-03-03 12:00:00","lang":"German","publication_series":"","publication_date":"20220201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Konjunkturbericht\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[]","pdf":259606,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"95","monthly_report_pages":"71-80","monthly_report_pages_sort":"71","issue":"2","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2022-03-03 00:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[3865],"persons_data":"[{\"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\":\"
Schiman, S.<\\\/span> (2022). Inflation zur H\u00e4lfte von globalen Faktoren bestimmt<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 95<\\\/em>(2), 71-80.<\\\/div>\",\"vancouver\":\"
Schiman S<\\\/span>. Inflation zur H\u00e4lfte von globalen Faktoren bestimmt<\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2022 Feb;95(2):71-80.<\\\/div>\",\"bibtex\":\"
@misc{e861868412af4dd39a766daf6d747cb3,<\\\/div>
title = \\\"Inflation zur H{\\\\\\\"a}lfte von globalen Faktoren bestimmt\\\",<\\\/div>
abstract = \\\"Die Inflation wird weiterhin ma{\\\\ss}geblich von den Rohstoffpreisen getrieben, deren Anstieg zuletzt stark vom Erdgaspreis ausging. Zur H{\\\\\\\"a}lfte wird die Inflation von globalen Nachfrageimpulsen (Aufschwung der Weltwirtschaft) und weltweiten Angebotsschocks (Angebots- und Lieferengp{\\\\\\\"a}sse) verursacht. In den USA ist die Erholung bereits weiter fortgeschritten als im Euro-Raum, die dortige Geldpolitik wird zunehmend gestrafft. {\\\\\\\"O}sterreich verzeichnete im IV. Quartal 2021 \u2013 wie schon im IV. Quartal 2020 \u2013 einen der st{\\\\\\\"a}rksten BIP-R{\\\\\\\"u}ckg{\\\\\\\"a}nge im Euro-Raum. Der heimische Arbeitsmarkt hat den vierten Lockdown allerdings weitgehend unbeschadet {\\\\\\\"u}berstanden. Vor allem im produzierenden Gewerbe {\\\\\\\"u}berwiegt trotz Materialmangels und Rekrutierungsschwierigkeiten der Optimismus.\\\",<\\\/div>
keywords = \\\"Konjunkturbericht, Konjunkturbericht\\\",<\\\/div>
author = \\\"Stefan Schiman\\\",<\\\/div>
note = \\\"Konjunkturbericht\\\",<\\\/div>
year = \\\"2022\\\",<\\\/div>
month = feb,<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"95\\\",<\\\/div>
pages = \\\"71--80\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

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

TY - GEN<\\\/p>

T1 - Inflation zur H\u00e4lfte von globalen Faktoren bestimmt<\\\/p>

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

N1 - Konjunkturbericht<\\\/p>

PY - 2022\\\/2<\\\/p>

Y1 - 2022\\\/2<\\\/p>

N2 - Die Inflation wird weiterhin ma\u00dfgeblich von den Rohstoffpreisen getrieben, deren Anstieg zuletzt stark vom Erdgaspreis ausging. Zur H\u00e4lfte wird die Inflation von globalen Nachfrageimpulsen (Aufschwung der Weltwirtschaft) und weltweiten Angebotsschocks (Angebots- und Lieferengp\u00e4sse) verursacht. In den USA ist die Erholung bereits weiter fortgeschritten als im Euro-Raum, die dortige Geldpolitik wird zunehmend gestrafft. \u00d6sterreich verzeichnete im IV. Quartal 2021 \u2013 wie schon im IV. Quartal 2020 \u2013 einen der st\u00e4rksten BIP-R\u00fcckg\u00e4nge im Euro-Raum. Der heimische Arbeitsmarkt hat den vierten Lockdown allerdings weitgehend unbeschadet \u00fcberstanden. Vor allem im produzierenden Gewerbe \u00fcberwiegt trotz Materialmangels und Rekrutierungsschwierigkeiten der Optimismus.<\\\/p>

AB - Die Inflation wird weiterhin ma\u00dfgeblich von den Rohstoffpreisen getrieben, deren Anstieg zuletzt stark vom Erdgaspreis ausging. Zur H\u00e4lfte wird die Inflation von globalen Nachfrageimpulsen (Aufschwung der Weltwirtschaft) und weltweiten Angebotsschocks (Angebots- und Lieferengp\u00e4sse) verursacht. In den USA ist die Erholung bereits weiter fortgeschritten als im Euro-Raum, die dortige Geldpolitik wird zunehmend gestrafft. \u00d6sterreich verzeichnete im IV. Quartal 2021 \u2013 wie schon im IV. Quartal 2020 \u2013 einen der st\u00e4rksten BIP-R\u00fcckg\u00e4nge im Euro-Raum. Der heimische Arbeitsmarkt hat den vierten Lockdown allerdings weitgehend unbeschadet \u00fcberstanden. Vor allem im produzierenden Gewerbe \u00fcberwiegt trotz Materialmangels und Rekrutierungsschwierigkeiten der Optimismus.<\\\/p>

KW - Konjunkturbericht<\\\/p>

KW - Konjunkturbericht<\\\/p>

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

VL - 95<\\\/p>

SP - 71<\\\/p>

EP - 80<\\\/p>

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

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

ER - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Czaloun Astrid\",\"Kaufmann Christine\",\"Steiner Martha\"]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"\nGlobal Factors Account for Half of Inflation - 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\/69065\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Factors Account for Half of Inflation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/69065\/\" \/>\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=\"2024-04-22T17:24:37+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\\\/69065\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/69065\\\/\",\"name\":\"Global Factors Account for Half of Inflation - 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