According to the recent WIFO forecast, economic growth in Austria is set to decelerate from 3.3 percent in 2000 to 1.7 percent in 2001. The slowdown is mainly due to a weaker European environment which itself is the consequence of slower growth in the USA and of higher energy costs. These...

According to the recent WIFO investment survey, which samples some 900 firms of the manufacturing sector, the construction sector and the energy sector as well as public transport enterprises and public utilities in Austria, investment spending will decrease by 6.4 percent in nominal terms in...

The short period of high growth has been interrupted by an increase of oil prices and a slowdown of the U.S. economy and world demand. WIFO recently revised its forecasts for 2001 and now projects a rise in GDP by 2.6 percent, and a fall in Austrian exports to 7 percent, after 12 percent in...