Economic Forecast
The IHS forecasting team delivers quarterly economic forecasts for Austria. Additionally, they publish a medium-term forecast every year, projecting trends for the next five years. Regional forecasts are also produced as needed for individual federal states.
Upcoming economic forecasts 2025:
- Autumn forecast, 07.10.2025
- Winter forecast, 18.12.2025
IHS Economic Forecasts
Moderate growth potential in a fragile global environment
Medium-term forecast of the Austrian Economy 2025–2029
Recovery underway despite global risks
Summer forecast of the Austrian Economy 2025–2026
Third year of recession intensifies need for structural reforms
Spring forecast of the Austrian Economy 2025–2026
Structural problems slow economic recovery
Winter forecast of the Austrian Economy 2024–2026
Austria's economy falls behind in Europe
Autumn forecast of the Austrian Economy 2024–2025

Growth remains subdued in the medium term
Medium-term forecast of the Austrian Economy 2024–2028

The economy still lacks momentum
Summer Forecast of the Austrian Economy 2024–2025

Private consumption supports a slowly recovering economy
Spring Forecast of the Austrian Economy 2024–2025
Contact
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Helmut Hofer is working as Senior Researcher at the research group Business Cycles, Growth and Public Finances. He joined the Institute in 1993 and leads the IHS economic forecast group. He received his PhD (Doktorat) in Economics from Wirtschaftsuniversität Wien (WU) in 1996 and has published in international journals.
His main research areas are macroeconomic forecasting and labour economics. He regularly forecasts and analyzes the business cycle development in Austria. He is also interested in labour market dynamics, wage development and the fiscal stance of the Austrian economy. In his research he used macroeconomic modelling techniques, microeconometric methods and microsimulation. -
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Helmut Hofer is working as Senior Researcher at the research group Business Cycles, Growth and Public Finances. He joined the Institute in 1993 and leads the IHS economic forecast group. He received his PhD (Doktorat) in Economics from Wirtschaftsuniversität Wien (WU) in 1996 and has published in international journals.
His main research areas are macroeconomic forecasting and labour economics. He regularly forecasts and analyzes the business cycle development in Austria. He is also interested in labour market dynamics, wage development and the fiscal stance of the Austrian economy. In his research he used macroeconomic modelling techniques, microeconometric methods and microsimulation. -

Link to Economic Forecasts in the Institutional Repository at IHS Vienna