Economic
Austria raises 2026 inflation forecast to 2.5% amid renewed energy pressures
Austria’s leading economic institute Bank Austria revised its 2026 inflation outlook upward to 2.5%, citing higher energy prices and the Iran conflict’s impact on the domestic economy.
Bank Austria has adjusted its inflation forecast for Austria in 2026 from 1.9% to 2.5%, driven by renewed energy price pressures and geopolitical tensions linked to the Iran conflict. The institute attributes the rise to the waning effect of the electricity price brake and the pass‑through of higher global energy costs. The outlook also notes a modest slowdown in Austria’s tentative recovery, with GDP growth now projected at 0.9% for 2026, while the unemployment rate remains stable near 7.5%. These revisions highlight growing concerns about lasting inflationary pressures despite recent volatility in CPI.
- Status
- active
- Location
- Vienna, Austria
- Date added
- 2026-03-22 21:08 UTC
- Last updated
- 2026-03-22 21:08 UTC
- Connected threats
- Not provided