{"id":70551,"date":"2023-12-02T07:41:01","date_gmt":"2023-12-02T06:41:01","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/stagflation-in-oesterreich\/"},"modified":"2024-04-20T14:15:29","modified_gmt":"2024-04-20T12:15:29","slug":"stagflation-in-oesterreich","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/70551\/","title":{"rendered":"Stagflation in Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-70551","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"Economic Outlook for 2022 and 2023","text":"After the strong expansion in the first half of 2022, the Austrian economy is now in a down-turn phase. The economic slowdown is spreading to all value adding sectors; the manufac-turing sector is even likely to slip into recession. Real GDP is expected to grow by 4.8 percent in 2022 and roughly stagnate in the following year (2023 +0.2 percent). With inflation remaining high in 2023, Austria's economy is heading for stagflation for the first time since the 1970s.","onlinedate":"2022-10-07 12:00:00","lang":"German","publication_series":"","publication_date":"20221001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"33","keywords":"[]","jelcodes":"[]","related_publications":"[\"0fda7b0e-2067-4072-ae48-6116b7e09a0c\",\"c6c5433b-1c93-41ba-a4b7-8ba0a046c5af\",\"70c8e37f-0dff-4c66-b3e2-50cf5daf1493\",\"b2d902a8-9829-422a-8037-0a19108278d0\"]","pdf":255392,"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":"2022-10-07 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> (2022). <span>Stagflation in \u00d6sterreich: Prognose f\u00fcr 2022 und 2023<\\\/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>Stagflation in \u00d6sterreich: <span class=\\\"subtitle\\\">Prognose f\u00fcr 2022 und 2023<\\\/span><\\\/span><\\\/span>. <span>WIFO-Konjunkturprognose<\\\/span>. 2022 Oct;(3).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{31858458bc554b95a8d6cf780f0e6bcd,<\\\/div><div>  title    = \\\"Stagflation in {\\\\\\\"O}sterreich: Prognose f{\\\\\\\"u}r 2022 und 2023\\\",<\\\/div><div>  abstract = \\\"Nach der kr{\\\\\\\"a}ftigen Expansion im 1. Halbjahr 2022 befindet sich die {\\\\\\\"o}sterreichische Volkswirtschaft mittlerweile in einer Abschwungphase. Die Konjunkturabschw{\\\\\\\"a}chung betrifft s{\\\\\\\"a}mtliche Wertsch{\\\\\\\"o}pfungsbereiche; das verarbeitende Gewerbe d{\\\\\\\"u}rfte sogar in eine Rezession schlittern. Das reale BIP wird 2022 um voraussichtlich 4,8\\\\% wachsen und im Folgejahr in etwa stagnieren (2023 +0,2\\\\%). Da die Inflation auch 2023 hoch bleibt, steuert {\\\\\\\"O}sterreichs Wirtschaft erstmals seit den 1970er-Jahren auf eine Stagflation zu.\\\",<\\\/div><div>  keywords = \\\"WIFO-Konjunkturprognose\\\",<\\\/div><div>  author   = \\\"Christian Glocker and Stefan Ederer\\\",<\\\/div><div>  note     = \\\"WIFO-Konjunkturprognose vom Oktober 2022\\\",<\\\/div><div>  year     = \\\"2022\\\",<\\\/div><div>  month    = oct,<\\\/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  - Stagflation in \u00d6sterreich<\\\/p><p>T2  - Prognose f\u00fcr 2022 und 2023<\\\/p><p>AU  - Glocker, Christian<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>N1  - WIFO-Konjunkturprognose vom Oktober 2022<\\\/p><p>PY  - 2022\\\/10<\\\/p><p>Y1  - 2022\\\/10<\\\/p><p>N2  - Nach der kr\u00e4ftigen Expansion im 1. Halbjahr 2022 befindet sich die \u00f6sterreichische Volkswirtschaft mittlerweile in einer Abschwungphase. Die Konjunkturabschw\u00e4chung betrifft s\u00e4mtliche Wertsch\u00f6pfungsbereiche; das verarbeitende Gewerbe d\u00fcrfte sogar in eine Rezession schlittern. Das reale BIP wird 2022 um voraussichtlich 4,8% wachsen und im Folgejahr in etwa stagnieren (2023 +0,2%). Da die Inflation auch 2023 hoch bleibt, steuert \u00d6sterreichs Wirtschaft erstmals seit den 1970er-Jahren auf eine Stagflation zu.<\\\/p><p>AB  - Nach der kr\u00e4ftigen Expansion im 1. Halbjahr 2022 befindet sich die \u00f6sterreichische Volkswirtschaft mittlerweile in einer Abschwungphase. Die Konjunkturabschw\u00e4chung betrifft s\u00e4mtliche Wertsch\u00f6pfungsbereiche; das verarbeitende Gewerbe d\u00fcrfte sogar in eine Rezession schlittern. Das reale BIP wird 2022 um voraussichtlich 4,8% wachsen und im Folgejahr in etwa stagnieren (2023 +0,2%). Da die Inflation auch 2023 hoch bleibt, steuert \u00d6sterreichs Wirtschaft erstmals seit den 1970er-Jahren auf eine Stagflation zu.<\\\/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 v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stagflation in Austria - 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\/70551\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stagflation in Austria\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/70551\/\" \/>\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=\"2024-04-20T12:15:29+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\\\/70551\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/70551\\\/\",\"name\":\"Stagflation in Austria - 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