# Austrian economic outlook revisions

> Live situation record from CLSTR: https://clstr.news/situations/austrian-economic-outlook-revisions
> Updated: 2026-09-13T08:47:13.000Z. Sources: 12. Developments: 2.

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.

## Timeline

### 2026-09-13: 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.

3 sources. https://clstr.news/cluster/oesterreichische-nationalbank-raises-2027-growth-forecast

### 2026-09-10: 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.

9 sources. https://clstr.news/cluster/graz-police-investigate-two-cases-of-indecent-exposure-in-grnangerpark

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Cite as: Austrian economic outlook revisions. CLSTR, https://clstr.news/situations/austrian-economic-outlook-revisions