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Austria: Exports Rise in First Half 2012
Despite the difficult economic backdrop, exports underwent slight growth in the first six months of the year. Developments in foreign trade with third countries were particularly positive.

According to preliminary results for the first half 2012 by Statistics Austria , goods exports were up by 1.6% on the previous year, amounting to € 61.54bn. Imports rose by 1.1% to € 65.3bn. This marks a significant slowdown in Austrian foreign trade in comparison to 2011, a year which saw double-digit growth rates. At the same time the trade deficit decreased slightly from € 4bn…
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