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The cyclical upswing in Austria continues. Driven by the swift expansion of global activity, exports are posting strong gains. Meanwhile, the momentum is being transmitted to private investment which is set to rise substantially over the forecast period. Short-term indicators suggest that the...
Persistent link: https://www.econbiz.de/10009140843
The export-driven upswing of economic activity in Austria is expected to continue. Nevertheless, the pace of growth will decelerate markedly in the first half of 2011 as global trade and the expansion in Asia, Latin America and the USA lose momentum; in addition, the planned fiscal consolidation...
Persistent link: https://www.econbiz.de/10008828320
The business cycle upturn in Austria is set to continue. Lively global demand is driving up exports, and also investment in machinery and equipment should post strong gains over the forecast period. Short-term indicators nevertheless point to some slackening during the remainder of the year. The...
Persistent link: https://www.econbiz.de/10009194515