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Austria: Economic Recovery Continues
OeNB economic indicator: After the exceptionally strong economic recovery for the first half year, the Oesterreichische Nationalbank (OeNB) expects sustained high economic dynamics in Austria for the second half year.
Economic growth in both the third and the fourth quarter will be above the long-term average, but will weaken slightly towards the end of the year.
According to the latest results of the OeNB's economic indicator, a growth rate of the real GDP of 0.9% and 0.6% (seasonally and working day adjusted, as compared to the previous quarter) is to be expected for the third and fourth…
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