{"id":69405,"date":"2023-12-02T07:26:16","date_gmt":"2023-12-02T06:26:16","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/covid-19-pandemie-materialengpaesse-und-preissteigerungen-praegen-die-konjunktur\/"},"modified":"2024-04-20T13:48:58","modified_gmt":"2024-04-20T11:48:58","slug":"covid-19-pandemie-materialengpaesse-und-preissteigerungen-praegen-die-konjunktur","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/69405\/","title":{"rendered":"COVID-19 Pandemic, Material Bottlenecks and Price Increases Shape the Economy"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-69405","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"The Austrian Economy in 2021","text":"The COVID-19 pandemic and its consequences continued to shape the development of the global economy in 2021. Regionally, economic activity was heterogeneous, although the rapid recovery in industrial production resulted in supply bottlenecks and sharp price increases in many areas. The domestic economy expanded again, although economic activity again fluctuated strongly during the year and was largely influenced by the COVID-19 healthcare policy measures. With the economic recovery, average hours worked also increased, which had a positive effect on per capita incomes. Together with improved consumer confidence and savings reserves from the previous year, this increased households' willingness to spend. Rising raw material prices had an inflationary effect, causing the consumer price index to rise significantly, particularly at the end of 2021.","onlinedate":"2022-05-09 12:00:00","lang":"German","publication_series":"","publication_date":"20220401","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Konjunkturbericht\"]","jelcodes":"[\"E32\",\"E66\"]","related_publications":"[\"d75443c8-8485-4df1-8b65-ec06c3aab1ba\"]","pdf":254720,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"95","monthly_report_pages":"247-262","monthly_report_pages_sort":"247","issue":"4","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2022-05-09 12:00:00","types":[44312],"research_groups":[3500,3510],"collaboration":"","persons":[3530,3537,3872,4917,3698,3865],"persons_data":"[{\"personId\":3530,\"personName\":\"Josef Baumgartner\",\"organisationNames\":[]},{\"personId\":3537,\"personName\":\"J\u00fcrgen Bierbaumer\",\"organisationNames\":[]},{\"personId\":3872,\"personName\":\"Sandra Bilek-Steindl\",\"organisationNames\":[]},{\"personId\":4917,\"personName\":\"Benjamin Bittschi\",\"organisationNames\":[]},{\"personId\":3698,\"personName\":\"Christine Mayrhuber\",\"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>Baumgartner, J.<\\\/span><span>, Bierbaumer, J.<\\\/span><span>, Bilek-Steindl, S.<\\\/span><span>, Bittschi, B.<\\\/span><span>, Mayrhuber, C.<\\\/span><span>, &amp; Schiman, S.<\\\/span> (2022). <span>COVID-19-Pandemie, Materialengp\u00e4sse und Preissteigerungen pr\u00e4gen die Konjunktur: Die \u00f6sterreichische Wirtschaft im Jahr 2021<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>95<\\\/em>(4), 247-262.<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Baumgartner J<\\\/span><span>, Bierbaumer J<\\\/span><span>, Bilek-Steindl S<\\\/span><span>, Bittschi B<\\\/span><span>, Mayrhuber C<\\\/span><span>, Schiman S<\\\/span>. <span class=\\\"title\\\"><span>COVID-19-Pandemie, Materialengp\u00e4sse und Preissteigerungen pr\u00e4gen die Konjunktur: <span class=\\\"subtitle\\\">Die \u00f6sterreichische Wirtschaft im Jahr 2021<\\\/span><\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2022 Apr;95(4):247-262.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{78714ee23cf14b1fa791f2052a47ac64,<\\\/div><div>  title    = \\\"COVID-19-Pandemie, Materialengp{\\\\\\\"a}sse und Preissteigerungen pr{\\\\\\\"a}gen die Konjunktur: Die {\\\\\\\"o}sterreichische Wirtschaft im Jahr 2021\\\",<\\\/div><div>  abstract = \\\"Die COVID-19-Pandemie und ihre Folgen pr{\\\\\\\"a}gten auch 2021 die Entwicklung der Weltwirtschaft. Regional verlief die Konjunktur heterogen, wenngleich die rasche Erholung der Industrieproduktion vielerorts Angebotsengp{\\\\\\\"a}sse und starke Preissteigerungen zur Folge hatte. Die heimische Wirtschaft expandierte wieder, wobei die Konjunktur unterj{\\\\\\\"a}hrig erneut stark schwankte und ma{\\\\ss}geblich von den gesundheitspolitischen COVID-19-Ma{\\\\ss}nahmen gepr{\\\\\\\"a}gt war. Mit der wirtschaftlichen Erholung stieg auch die durchschnittlich geleistete Arbeitszeit, was sich positiv auf die Pro-Kopf-Einkommen auswirkte. Dies steigerte zusammen mit dem verbesserten Konsumentenvertrauen und Sparr{\\\\\\\"u}cklagen aus dem Vorjahr die Ausgabenbereitschaft der privaten Haushalte. Steigende Rohstoffpreise wirkten inflationstreibend, wodurch der Verbraucherpreisindex vor allem zu Jahresende 2021 deutlich anstieg.\\\",<\\\/div><div>  keywords = \\\"Konjunkturbericht, Konjunkturbericht\\\",<\\\/div><div>  author   = \\\"Josef Baumgartner and J{\\\\\\\"u}rgen Bierbaumer and Sandra Bilek-Steindl and Benjamin Bittschi and Christine Mayrhuber and Stefan Schiman\\\",<\\\/div><div>  note     = \\\"Wirtschaftsentwicklung 2021\\\",<\\\/div><div>  year     = \\\"2022\\\",<\\\/div><div>  month    = apr,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"95\\\",<\\\/div><div>  pages    = \\\"247--262\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/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  - COVID-19-Pandemie, Materialengp\u00e4sse und Preissteigerungen pr\u00e4gen die Konjunktur<\\\/p><p>T2  - Die \u00f6sterreichische Wirtschaft im Jahr 2021<\\\/p><p>AU  - Baumgartner, Josef<\\\/p><p>AU  - Bierbaumer, J\u00fcrgen<\\\/p><p>AU  - Bilek-Steindl, Sandra<\\\/p><p>AU  - Bittschi, Benjamin<\\\/p><p>AU  - Mayrhuber, Christine<\\\/p><p>AU  - Schiman, Stefan<\\\/p><p>N1  - Wirtschaftsentwicklung 2021<\\\/p><p>PY  - 2022\\\/4<\\\/p><p>Y1  - 2022\\\/4<\\\/p><p>N2  - Die COVID-19-Pandemie und ihre Folgen pr\u00e4gten auch 2021 die Entwicklung der Weltwirtschaft. Regional verlief die Konjunktur heterogen, wenngleich die rasche Erholung der Industrieproduktion vielerorts Angebotsengp\u00e4sse und starke Preissteigerungen zur Folge hatte. Die heimische Wirtschaft expandierte wieder, wobei die Konjunktur unterj\u00e4hrig erneut stark schwankte und ma\u00dfgeblich von den gesundheitspolitischen COVID-19-Ma\u00dfnahmen gepr\u00e4gt war. Mit der wirtschaftlichen Erholung stieg auch die durchschnittlich geleistete Arbeitszeit, was sich positiv auf die Pro-Kopf-Einkommen auswirkte. Dies steigerte zusammen mit dem verbesserten Konsumentenvertrauen und Sparr\u00fccklagen aus dem Vorjahr die Ausgabenbereitschaft der privaten Haushalte. Steigende Rohstoffpreise wirkten inflationstreibend, wodurch der Verbraucherpreisindex vor allem zu Jahresende 2021 deutlich anstieg.<\\\/p><p>AB  - Die COVID-19-Pandemie und ihre Folgen pr\u00e4gten auch 2021 die Entwicklung der Weltwirtschaft. Regional verlief die Konjunktur heterogen, wenngleich die rasche Erholung der Industrieproduktion vielerorts Angebotsengp\u00e4sse und starke Preissteigerungen zur Folge hatte. Die heimische Wirtschaft expandierte wieder, wobei die Konjunktur unterj\u00e4hrig erneut stark schwankte und ma\u00dfgeblich von den gesundheitspolitischen COVID-19-Ma\u00dfnahmen gepr\u00e4gt war. Mit der wirtschaftlichen Erholung stieg auch die durchschnittlich geleistete Arbeitszeit, was sich positiv auf die Pro-Kopf-Einkommen auswirkte. Dies steigerte zusammen mit dem verbesserten Konsumentenvertrauen und Sparr\u00fccklagen aus dem Vorjahr die Ausgabenbereitschaft der privaten Haushalte. Steigende Rohstoffpreise wirkten inflationstreibend, wodurch der Verbraucherpreisindex vor allem zu Jahresende 2021 deutlich anstieg.<\\\/p><p>KW  - Konjunkturbericht<\\\/p><p>KW  - Konjunkturbericht<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 95<\\\/p><p>SP  - 247<\\\/p><p>EP  - 262<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Einsiedl Martina\",\"Glauninger Ursula\",\"Kaufmann Christine\",\"Steiner Martha\",\"Steininger Doris\"]","scientific_review":"[\"Ederer Stefan\"]","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>COVID-19 Pandemic, Material Bottlenecks and Price Increases Shape the Economy - 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\/69405\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 Pandemic, Material Bottlenecks and Price Increases Shape the Economy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/69405\/\" \/>\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=\"2024-04-20T11:48:58+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\\\/69405\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/69405\\\/\",\"name\":\"COVID-19 Pandemic, Material Bottlenecks and Price Increases Shape the Economy - 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