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Austria: Economic Upturn Still in Standby-Mode
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According to the analysis of the economic indicator of Bank Austria, there is moderate growth and hope for the first quarter in 2014.
Austria: Economic Upturn Still in Standby-Mode / Picture: © Vindobona.org
After the recovery of economic growth and a growth rate of 0.3 percent (quarter-on-quarter) in the last three months of 2013, the available early indicators currently do not point to an acceleration.
“In January the economic indicator of Bank Austria has reached 0.8 points. This means a minimal decline compared to the previous month. With this, the indicator finds itself in a…
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