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2 clusters · 12 sources · 4 days · First seen · Last updated

Austrian economic outlook revisions

Overview

The Oesterreichische Nationalbank (OeNB) has updated its economic forecasts for Austria, adjusting expectations for GDP growth and inflation.

Initially, the OeNB revised its 2026 GDP growth forecast downward to 0.5% due to lower-than-expected figures in the first half of the year, while lowering the 2026 inflation projection to 3.0%. The bank anticipated an economic recovery in subsequent years, with inflation expected to drop to 2.3% in 2027 and 2.2% in 2028.

In a subsequent update, the bank maintained the 0.5% growth projection for 2026 but raised the 2027 growth forecast to 1.3% from 1.1%. This adjustment was attributed to positive signals such as stronger global trade and improved domestic manufacturing sentiment. The bank also projected a decline in the unemployment rate from 7.5% in 2026 to 7.1% by 2028, though it cautioned that high geopolitical risks and potential drought conditions remain factors.

Entities

Oesterreichische Nationalbank · Graz · Martin Kocher · Grünangerpark · Graz-Liebenau Police Station

Timeline

  1. 2 days ago

    [BUSINESS] 3 sources
    Oesterreichische Nationalbank raises 2027 growth forecast

    The Oesterreichische Nationalbank raised its 2027 Austrian GDP growth forecast to 1.3% while slightly lowering 2026 projections due to a weak start to the year.

  2. 5 days ago

    [BUSINESS] 9 sources
    OeNB revises Austrian economic outlook with lower growth and inflation forecasts

    The Oesterreichische Nationalbank has revised its Austrian economic outlook, forecasting 0.5% GDP growth for 2026 and a decline in inflation to 2.3% by 2027.

Sources

cn.dailyeconomic.com · finanzen.at · inside-graz.at · it-boltwise.de · kleinezeitung.at · kurier.at · medianet.at · moneycab.com · nachrichten.at · newsflash24.de · oesterreich.orf.at · radiograz.at