Austria: Economic Sentiment on the Rise

BusinessEconomy ♦ Published: February 8, 2013; 23:53 ♦ (Vindobona)

The Austrian Institute of Economic Research (WIFO) underlines that the economic slowdown comes to a standstill.

Austria: Economic Sentiment on the Rise / Picture: ©

Until the end of 2012, the Austrian growth rates were very decent. However, according to WIFO, a stop of the downward trend is foreseeable. “The global trade and the global industrial production begin to stabilize slowly. Particularly in Asian emerging markets, dynamics comes back. However, the industrialized countries show only small growth rates. At least, the decline of the…