austria economy covid


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PDF Prices and inflation in Austria during the COVID-19 crisis

At the same time the grim economic outlook led to mass layoffs rising unemployment and a high number of persons in short-time work On the other hand the 

  • Austria - Market Challenges.
    The most important challenges to doing business in Austria are related to the war in Ukraine, which has disrupted the energy market, brought significant inflation and higher interest rates, and created additional supply chain challenges.

  • What is the economic crisis in Austria?

    Austria's economy fell into recession, with a slump in consumption and investments driving down output for a second consecutive quarter.
    Gross domestic product declined 0.6% in July-September after a 0.8% drop in the prior three months, the Wifo research institute said Monday.

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