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Analysis: Austrian Economy Falls Behind Eurozone Average

Published: June 1, 2015; 21:00 · (Vindobona)

The latest "Attractiveness Survey" from consultancy Ernst & Young Global Limited shows, that espite strong fundamentals, Austria’s economy lost some ground on the Eurozone average in 2014, with growth of just 0.4% compared with 0.9% for the Eurozone as a whole. This comparative weakness will also continue in 2015, with Austria’s GDP growth estimated at 1.1%, against 1.5% in the Eurozone. This is despite a boost from lower energy prices, quantitative easing from the European Central Bank (ECB) and a weaker euro.

Outlook: Austrian economy falls behind Eurozone average / Picture: © EYGM Limited

The following buttons display the forecast highlights for each country in the Eurozone and links to download the latest EY Eurozone Forecast report for the country.

Short-term growth outlook now weaker than the Eurozone’s …

As expected, Austria’s growth remained muted in Q4 2014 and the economy posted an expansion of just 0.4% for the year as whole,…

This article includes a total of 1296 words.

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