Business - Economy

Austria: Slight Economic Growth

Published: November 14, 2013; 11:08 · (Vindobona)

The Austrian Institute for Economic Research (Wifo) has forecast an increase of the macroeconomic production by 0.2 percent in real terms compared to the previous quarter.

Austria: Slight Economic Growth / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

In a flash estimate Wifo has determined economic growth in Austria of 0.2 percent after stagnation in the first half year. On an annual comparison this means a growth rate of 0.7 percent. Economic weakness still concerns all important demand components, however, gross investments increased slightly while export are still weak.

The added value was powered by the production of…

This article includes a total of 195 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Austria: Slight Economic Growth

The Austrian Institute for Economic Research (Wifo) has forecast an increase of the macroeconomic production by 0.2 percent in real terms compared to the previous quarter.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.