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Austria's economy is expected to expand by 2.4 percent in real terms this year, slightly faster than the euro area average. Exports and manufacturing output continue to drive activity forward, and a revival of investment in machinery and equipment is deemed imminent. Higher wage settlements and...
Persistent link: https://www.econbiz.de/10004978560
After the slow pace recorded in 2014, growth of the Austrian economy is likely to remain modest also in early 2015. Leading indicators to date give no substantial hint for a revival of business activity. Hence, the conditions for a cyclical recovery during the first half of the year are hardly...
Persistent link: https://www.econbiz.de/10011266961
Leading indicators are signalling an early revival of business activity in Austria, supported mainly by the catching up of investment so far withheld and by strengthening foreign demand from key destinations like Germany and the USA. Still, the momentum of the recovery remains muted as private...
Persistent link: https://www.econbiz.de/10010736533
Short-term prospects for the Austrian economy have little changed since the last revision of the WIFO forecast three months ago. Output in the first quarter 2014 grew as expected, albeit somewhat less than in the fourth quarter 2013. Latest leading indicators have been slightly less strong than...
Persistent link: https://www.econbiz.de/10010799087
Towards the end of 2013, activity rebounded in Austria as well as in Europe overall. However, the momentum promises to remain subdued: many countries are still struggling with the repercussions of the financial market crisis, and the need for consolidation of government households is restraining...
Persistent link: https://www.econbiz.de/10010765773
While short-term prospects for the Austrian economy have weakened since last June's forecast revision, the pattern of risks is somewhat uneven as external downward risks slightly dominate domestic upward risks. Against this background, Austria's GDP is expected to grow by 0.6 percent in 2012 and...
Persistent link: https://www.econbiz.de/10010584150
After the stagnation prevailing since spring 2014, economic activity in Austria will remain subdued also in early 2015. Leading indicators have lately given no firm hopes for a cyclical rebound. From a short-term perspective, the conditions for a normal recovery of demand and output in Austria...
Persistent link: https://www.econbiz.de/10011147863
In the wake of the international economic crisis, Austrian exports have fallen precipitously year-on-year since early 2009. Yet, the fiscal counter-action taken in the industrialised countries is showing early positive effects. Not only in Austria, but in the entire euro area and the USA,...
Persistent link: https://www.econbiz.de/10004987481
For the first time since World War II, the global economy is in recession. Demand and output will fall markedly in the world's major economic zones. Also Austria should experience a fall of GDP by 2.2 percent in real terms in 2009, despite fiscal policy taking massive counter-action. While...
Persistent link: https://www.econbiz.de/10004995193
Seit dem Spätherbst 2004 lassen die Impulse aus dem Export nach, und die Sachgütererzeugung verliert an Dynamik. Die Konsumnachfrage der privaten Haushalte hat sich bislang nicht belebt. Im 2. Halbjahr 2005 könnte sich eine leichte Erholung der Konjunktur ergeben, die von einer Stabilisierung...
Persistent link: https://www.econbiz.de/10005000928