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growth, GDP in Austria is expected to grow by 1.9 percent, at the same pace as in the euro area. In 2005, while growth of …
Persistent link: https://www.econbiz.de/10005001126
fall by 1.2 percent in volume in 2009. The Austria economy will not escape the downward trend, even if the strongly … expansionary stance of fiscal policy will dampen its momentum. Austria's GDP is therefore expected to recede by a relatively modest … 0.5 per cent. With a tentative recovery of the global economy forecast to take hold in 2010, growth in Austria should …
Persistent link: https://www.econbiz.de/10005059282
. However, the ranking of countries according to such unweighted indicators makes little sense. While Austria fares relatively …
Persistent link: https://www.econbiz.de/10005059294
The real economy is now feeling the full impact of the global financial crisis. The economic downturn, which started out with exports, is now spreading to all the other demand components. Real GDP barely grew quarter-on-quarter in the third quarter of 2008 (+0.1 percent). In year-on-year terms,...
Persistent link: https://www.econbiz.de/10005059306
in Austria quite positively, whereas pessimism is mounting regarding future developments. A similar trend can be observed …
Persistent link: https://www.econbiz.de/10005059325
As 2004 is a leap year and some holidays are situated at weekends, it possesses three working days more than 2003. An analysis based on a seasonal time series model estimates an increase in production by 0.1 percent for the whole year. The working-day effect is analysed for total GDP as well as...
Persistent link: https://www.econbiz.de/10005059344
The slide on stock markets has shaken confidence of consumers and business world-wide. The business cycle recovery is thereby being delayed. The Austrian economy is projected to grow by barely 1 percent this year, and by over 2 percent in 2003. The slow pace of activity is causing a sharp rise...
Persistent link: https://www.econbiz.de/10005059356
The business cycle should have reached its lower turning point in the first quarter, and a recovery is expected to gather momentum from now. Because of the negative carry-over from last year, GDP growth on annual average 2002 may not exceed 1.2 percent, accelerating to 2.8 percent in 2003. While...
Persistent link: https://www.econbiz.de/10005031502
Recent months have seen a further improvement in business and consumer sentiment. Companies intend to invest considerably more than last year. Real retail sales also picked up at the turn of the year. The modest rise in prices contributed to a strengthening of purchasing power at the beginning...
Persistent link: https://www.econbiz.de/10005031529
Over the period from 2003 to 2008, real GDP in Austria is expected to grow by about 2.3 percent per year, slightly …
Persistent link: https://www.econbiz.de/10005032719