Austria's (Over)Inflation and Its Main Sources

Stefan Schiman

No 9, WIFO Research Briefs from WIFO

Abstract: Austrian inflation has again been significantly higher than euro area inflation since September 2022. Both domestic and external demand and supply shocks have contributed to this, reflecting the following circumstances: a later implementation of price-dampening measures than in the rest of the euro area, expansive fiscal policies, the resurgence of international tourism, and a delayed pass-through of the decline in wholesale energy prices. By contrast, wage shocks have so far not made a sustained contribution to the inflation (gap), although wage increases have recently been high.

Pages: 13 pages
Date: 2023-06-15
New Economics Papers: this item is included in nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/70798 abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:rbrief:y:2023:i:9

Access Statistics for this paper

More papers in WIFO Research Briefs from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().