Austrian central bank raises 2027 growth outlook

Austrias central bank lowered its 2026 economic growth forecast to 0.5 percent following a weak first half. However, it raised the 2027 outlook to 1.3 percent as improving global trade and manufacturing boost export prospects.

A general view of the city skyline in Vienna, Austria, April 16, 2025. REUTERS/Elisabeth Mandl

Austria's central bank lowered its 2026 economic growth forecast to 0.5% following a weaker first half, but raised next year's outlook to 1.3%. The revision reflects stronger global trade and improved domestic manufacturing sentiment heading into the autumn. Investors are tracking how recovering export demand offsets regional headwinds and shifting inflation trajectories.

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