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Wifo: Economy Has Further Deteriorated in December

8-01-2025, 15:26

The economic situation in Austria remains precarious. The Wifo economic survey indicates a decrease in business economic assessments towards the end of the year, as documented by the economic research institute in their monthly report published on Wednesday.

The WIFO economic climate index was recorded in December at -6.1 points (seasonally adjusted), 1.9 points below the value of the previous month (-4.2 points).

While the overall economic situation assessments slightly improved at a low level, economic expectations across all sectors declined, according to Wifo. The index decline is primarily due to a further deterioration of the industrial economy. Expectations have been further reduced and signal a very skeptical economic outlook.

(APA/Red)

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