Although demand and output in Austria virtually stagnated in the second half of 2012, the odds are for growth to resume in the first quarter of 2013. The majority of leading indicators suggested an end to the downward trend already as of last November. The economy has thus probably passed the...

Real GDP in Austria expanded by 0.2 percent in the first quarter of 2014 compared with the previous quarter. The upturn did not accelerate further, but it did strengthen. Economic growth, which is buttressed by broad-based demand, is increasingly receiving stimulus from abroad. Global economic...

Following solid growth of the world economy in the first half of the year, leading indicators now increasingly point to a moderation in global activity. Signs of a marked slowdown in growth are emerging notably in Asia. Developments in Austria are increasingly determined by the euro crisis. In...

After a surprisingly robust expansion early this year, the outlook for the Austrian economy is increasingly clouded. Demand and output have slackened markedly, even if activity is holding up well given the recession in the euro area. Leading indicators point to sluggish economic growth in the...

After stagnation of the gross domestic product in the third and fourth quarters of last year, GDP expanded at a quarter-on-quarter rate of 0.2 percent in the first quarter of 2012. All demand components contributed to growth. On the production side, notably trade provided positive stimulus....

Demand and output in Austria edged down in the fourth quarter of 2012. The setback to growth was mainly attributable to the weak global economy and the associated decline in international capital and trade flows. At the beginning of 2013, global economic activity picked up again. Apart from the...

The recovery of the global economy continued in spring, but is highly fragile. The central risks on the one hand stem from geopolitical tensions that could trigger another rise in oil prices, and, on the other hand from the sovereign debt crisis in the euro area. In addition, the strict...

Business activity slackened markedly in the second half of 2012, but leading indicators signal an early end of the downturn. While these signs remain tentative so far, they are observed for a broad range of variables. This justifies the assumption that the cyclical "soft patch" will soon be...

Austrian GDP contracted moderately in the fourth quarter of 2011. The slower pace of growth was largely due to weak global economic activity and the associated decline in international capital and trade flows. The high macro-financial risks persist. The ECB implemented measures aimed at...

The Austrian economy will not regain significant momentum before 2014. During the forecast period from 2012 until 2016 real GDP will grow by 1.6 percent per year on average. Exports will expand by 5.5 percent per year. Imports, by contrast, will increase by only 5.1 percent. The average...