Economic Assessments Largely Unchanged

Results of the WIFO-Konjunkturtest (Business Cycle Survey) Quarterly Survey of October 2025

Economic sentiment improved slightly in October in all sectors except retail trade, although scepticism remained prevalent in manufacturing. Business uncertainty rose quarter-on-quarter and remained high in manufacturing and construction, while ca-pacity utilisation improved in these sectors. "Insufficient demand" was again the most frequently cited obstacle to business ac-tivity in all sectors of the economy in October.