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Austria: Economic Growth Accelerates

Published: February 14, 2014; 11:02 · (Vindobona)

In the fourth quarter in 2013 GDP increased by 0.3 percent compared to the previous quarter and by 0.9 percent year-on-year.

Austria: Economic Growth Accelerates / Picture: © Flickr

A flash estimate by the Austrian Institute of Economic Research (Wifo) shows that economic growth has accelerated in the fourth quarter last year. GDP in Austria grew by 0.3 percent in real terms compared to the previous quarter and by 0.9 percent in the same period a year ago. The growth rate for the entire year 2013 came at 0.3 percent.

As pointed out by Wifo, there was no…

This article includes a total of 131 words.

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