World trade growth did not accelerate further as expected in the first half of 2014, but slackened again. The reason for this development lies in the weak import demand of many emerging market economies, a consequence of the capital flight following the announced trend reversal of US monetary...

Further developments of the world economy are subject to high risks, in the face of volatile stock markets and a possible war against Iraq. Present cyclical conditions are characterised by a persistent weakness of internal demand, both in Europe at large and in Austria.

Following the strong rebound observed since the autumn of 2010, the pace of global economic activity is now moderating markedly. While Asia continues to provide a strong impetus to growth, the US economy grew only modestly in the second quarter, and the latest data for the euro area also signal...

The momentum of the global economy has continued to weaken recently. The USA and the euro area registered only moderate quarterly growth of 0.2 percent each in the second quarter. The more unfavourable economic outlook, the controversial debate about the government debt ceiling in the USA, and...

The international environment continues to weaken, dampening economic activity in Austria noticeably. Notably the euro crisis has contributed to heightened uncertainty. Economic indicators point to a loss of momentum in the second half of the year. Labour market conditions remain tense.

Economic momentum in the euro area is declining further, but no signs have yet emerged of a sharp fall in output. Meanwhile, the discussion continues among European economic policymakers on measures aimed at restoring financial market confidence in the member states' fiscal management. Now also...

The Austrian economy also remains tepid in a context of weak economic activity in Europe. The export-driven manufacturing sector is recovering only slowly; the production index has stabilised in recent months, although it suffered a renewed decline in May. The latest leading indicators show only...

The global economy is slowly improving. After economic output in the USA and the EU contracted at a slower pace in the second quarter, industrial activity is likely to have bottomed out in the summer. The inventory cycle, along with fiscal policy measures, is also stabilising the global economy....

The global economic situation eased in the second quarter of 2009, following the strong contraction in the last six months of 2008. Austria's real GDP also shrank by a mere 0.4 percent quarter-on-quarter (after –2.7 percent in the first quarter). Confidence indicators point towards a further...

In the third quarter, Austrian GDP increased at a seasonally and working day adjusted rate of 0.9 percent quarter-on-quarter. Global economic conditions improved further: world trade and economic activity in the industrialised countries expanded for the first time in a year. Leading indicators...