US EditionRecession Over: Economic Upswing Expected for Austria in 2026
6 Articles
6 Articles
der Standard AT
der Standard DEThe industrial recession is over, but the increasing competitive pressure from China continues to put companies at risk, say the research institutes Wifo and IHS in their new forecast. Does wage restraint help?
Wifo and IHS forecast a slight growth after two years of recession. Industry is recovering faster than expected, and consumption is also expected to pick up again. However, the upswing stands "on clay feet".
Recession Over: Economic Upswing Expected for Austria in 2026
Austria's economy is slowly emerging from the recession: Wifo and IHS have slightly raised their economic forecast for 2025 and 2026. The domestic economy is expected to grow by 0.5 percent in 2025 and by up to 1.2 percent in 2026 – accompanied by falling inflation and a gradual easing in the labor market.
Growth forecasts from WIFO and IHS prove the right course of the federal government with Chancellor Stocker at the top of the list .The stronger growth now forecasted by WIFO and IHS will drive the economic turnaround and inflation will also noticeably slow down, emphasizes ÖVP economist Kurt Egger on the figures announced today. This is a confirmation of the course for Austria adopted by Chancellor Christian Stocker and the government. Both ins…
WIEN. WIFO and IHS raised their forecasts for economic development. In 2026, Austria's economy is expected to grow by 1.2 and 1 percent respectively.
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