Sponsored
Article Tools

Austrian Central Bank Expects Economic Stabilization

Published: June 11, 2012; 17:13 · (Vindobona)

Austria´s budget deficit is expected to decrease, the economic growth should increase slightly.

Austrian Central Bank Expects Economic Stabilization / Picture: © Vindobona.org

After an economic growth of 0.9% in 2012, the GDP should soar by 1.7% in 2013 and by 2.1% in 2014, OeNB says. Austria´s growth will be mainly based on investment expenditures and foreign trade. Public expenses will stagnate, however. Private consumption is predicted to grow slightly.

Regarding the household income, a slight increase is expected. Last year, real household income…

This article includes a total of 188 words.

or Log In