Unstable economic stabilization continues in Austria
“The UniCredit Bank Austria Business Indicator rose to minus 1.3 points in October, reaching its highest level since the beginning of 2023. Despite geopolitical uncertainties and domestic challenges, the fragile stabilization trend in the Austrian economy continued”, says UniCredit Bank Austria Chief Economist Stefan Bruckbauer, adding: “Encouragingly, for the first time in almost three years, all components of our economic indicator showed simultaneous improvement, which was particularly pronounced in the service sector. However, economic assessments remained below the long-term average in all economic sectors.”
- The UniCredit Bank Austria Business Indicator rose to minus 1.3 points in October, its highest level since early 2023
- Sentiment improved in all economic sectors, and consumer pessimism also eased
- Following GDP growth of 0.3 percent, lower consumer and investment restraint and a more stable export economy should enable economic growth of 1.0 percent in 2026
- Unemployment rate expected to fall to at least 7.4 percent in 2026
- Inflation in 2026 is expected to average 2.4 percent, once again noticeably higher than in the eurozone, meaning that prices in Austria will have risen 12 percentage points more than in the eurozone countries as a whole since 2009
- No interest rate changes expected from the ECB
UniCredit Bank Austria Business Indicator (PDF)
UniCredit Bank Austria Business Indicator – Computation method (PDF)
as of November, 2025
About UniCredit Bank Austria Business Indicator
The UniCredit Bank Austria Business Indicator provides an overview of the current economic situation in Austria.
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It is an analysis based on publicly available economic data. Despite careful research and the use of reliable sources, no responsibility can be taken for completeness, correctness, timeliness and accuracy.
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