The information provided by Bank Austria in our publication “Austria Up-to-date” includes current economic forecasts and the most recent data for key indicators, in some cases in the form of charts. The key indicators are supplemented by regular comments, and their impact on the forecast is analysed in this report.
Risk of recession decreased, inflation peak passe
- Moderate recovery in Austria after mild recession at turn of 2022/23
- Relatively stable labor market despite weak economy
- Only slow decline in inflation
- Turnaround in monetary policy expected in 2024, after tightening into spring 2023
As of January 2023.
"Focus Austria" - Review and outlook 2022/2023 offers a comprehensive analysis of the economic trends in Austria with special consideration of structural conditions. The publication provides an overview of the past year and offers an outlook on the developments expected in the current year and the following year. In addition to the current economic situation, the Austrian business location is assessed.
You can find the current issue on the right under Downloads.
As of October 2022.