IDEAS home Printed from https://ideas.repec.org/a/wfo/repoau/y2022i6.html
   My bibliography  Save this article

Adverse Supply Shocks Hit Buoyant Economy. Economic Outlook for 2022 and 2023

Author

Listed:
  • Stefan Schiman
  • Stefan Ederer

Abstract

The Ukraine war leads to renewed significant negative supply shocks that do not allow domestic industry to grow. Inflation remains high for longer and dampens the growth of private consumption. The large catch-up potential in tourism makes it a pillar of growth this year. Overall, more than half of the expected 3.9 percent growth rate for 2022 is due to accommodation and food services. The labour market trend remains favourable.

Suggested Citation

  • Stefan Schiman & Stefan Ederer, 2022. "Adverse Supply Shocks Hit Buoyant Economy. Economic Outlook for 2022 and 2023," WIFO Reports on Austria, WIFO, issue 6, April.
    • Handle: RePEc:wfo:repoau:y:2022:i:6
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/69626
    File Function: abstract
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Julia Bock-Schappelwein & Rainer Eppel, 2022. "The Austrian Labour Market on Course for Recovery Since Spring 2021," WIFO Reports on Austria, WIFO, issue 8, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:repoau:y:2022:i:6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.