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Austria: “Economic Stability in Sight “
Moderate rise in economic growth: after 0.5 percent in 2012, figure of 0.9 percent anticipated for 2013 due to growing export demand. Long-term outlook: if domestic demand picks up, increase of 1.5 percent on the cards for 2014.
Austria: “Economic Stability in Sight “ / Picture: © Vindobona.org
Signs of stability have surfaced in business trends throughout industry in the last few weeks, and this is now starting to have a positive impact on the overall economy. "The Bank Austria Business Indicator improved again in November after the minor increase in the previous month. Although the indicator still lingers way below the long-term average at -0.8 points, the latest…
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