WIFO issues a quarterly economic forecast for the current and the coming year, which incorporates the expertise of all Research Groups. The forecasts reflect the most probable scenario for economic growth from the current perspective under the given assumptions and address possible upside and downside risks. In addition, a medium-term forecast for Austria and the global economy over a five-year forecast horizon is prepared annually and updated after six months.
Purchasing Power Increases After Mild Recession. Economic Outlook for 2023 and 2024 – 6.10.2023