Austria Consumer Confidence October 2022


Austria: Consumer confidence picks up in October

October 25, 2022

Consumer confidence came in at minus 31.0 in October, up from September's minus 32.0. Consequently, the index continued to highlight persistent pessimism among Austrian consumers.

The uptick in the headline was driven by less downbeat views regarding the financial situation of households and the general economic climate over the past 12 months. Views on the economic climate in the year ahead also tuned less sour, while consumers are less inclined to save at present and in the next 12 months. Attitudes towards the financial situation of households in the next 12 months were unchanged.

FocusEconomics Consensus Forecast panelists foresee private consumption contracting 0.2% in 2023, which is down 0.6 percentage points from last month’s forecast. For 2024, panelists see private consumption rising 1.5%.

Author:, Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Austria? Download a sample report now.


Austria Consumer Confidence Chart

Austria Consumer Confidence October 2022

Note: Ipsos Austria Consumer Confidence Index. The 0-point threshold separates optimistic from pessimistic sentiment.
Source: Ipsos Austria.

Austria Economic News

More news

Search form