Backed by the fiscal stimulus measures adopted at home and abroad, economic activity in Austria will pick up from its low level in the second half of 2009. On annual average, GDP will nevertheless shrink by 3.4 percent compared to last year. In 2010, growth is set to remain sluggish at 1...

In 2009, economic activity in Austria contracted by 3.4 percent in volume, somewhat less than the euro area average (-3.9 percent). As from the middle of the year, merchandise exports and industrial output started heading up as a result of the expansionary policy stance adopted worldwide. The...

As from mid-2009, economic activity in Austria stabilised, supported by exports and manufacturing output. Yet, the tentative rebound has not gained momentum, notably because the turnaround has so far not extended to private investment. Real GDP is therefore expected to grow by no more than 1.3...

Das reale Wirtschaftswachstum wird heuer 1,7% erreichen, neuerlich merklich weniger als im langfristigen Durchschnitt. Dämpfend wirken vor allem die hohen Energiepreise. Sie steigern die Inflationsrate und drücken die Konsumnachfrage der privaten Haushalte. Die Exportwirtschaft wächst nach...

Economic growth in Austria is set to decelerate to an average 2.1 percent in volume this year. This is primarily the consequence of the international financial crisis that originated from US real estate markets. Scope and duration of that crisis can still not be reliably assessed at present. The...

Driven by exports and investment, demand and output in Austria are growing by 2.6 percent in volume in 2006, the highest rate since 2000. By contrast, the momentum of private consumption remains subdued, despite the boost to net incomes from the tax reform. The jump in oil prices is hardly...

Austria's economy is expected to grow by 2.4 percent in volume in 2006. Exports and gross fixed capital formation will sustain the cyclical recovery, while private household demand will hardly pick up from its current weakness. In-flation should decelerate, leading to moderate real income gains....

GDP growth in Austria is set to abate from 3.4 percent in 2007 to 2.2 percent in 2008. A first preview to 2009 suggests a rate of growth around 2 percent. Main reason for the deceleration is a weakening of the international environment, as witnessed by the cyclical downturn in the USA, the...

Die Konjunkturerholung hält an, wird aber durch den hohen Euro-Kurs gebremst. Die weltwirtschaftlichen Risken sind infolge hoher Ungleichgewichte in den letzten Monaten größer geworden. 2005 wird die österreichische Wirtschaft um 2¼% wachsen, etwas weniger als bisher erwartet. Die...

The strong cyclical activity of last year is extending into 2007. After an increase of 3.2 percent in 2006, real GDP is expected to grow by 3.0 percent this year. While exports are slightly losing momentum, investment is gaining strength. Private household consumption is also picking up, though...