Sponsored Content
Austrian Economy Cooling Down Rapidly
Sponsored Content
Drastic deterioration in industrial climate and consumer sentiment point to a break in the economic recovery in the second half of 2011.Economic outlook for 2012 lowered to just 1.4 per cent.

The economic recovery, which proved to be stable and robust in the first half of 2011, is now faltering at the end of the summer. After a solid reading of 2.5 points the previous month, the Bank Austria Business Indicator fell to 1.5 points in August. The Austrian economy is starting to show acute signs of deterioration.
The early indicator, which is based on sentiment and bank…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Wifo/IHS: 2012 Brings Collapse of Economic Growth (September 30, 2011)
Public Debt Increased to 71.8% of GDP in 2010 (September 30, 2011)
IMF: Austrian Growth Slabs (September 20, 2011)
Austrian Economy 2010: Noticeable Recovery (September 9, 2011)
Wifo Cuts Growth Forecast for 2012 (August 31, 2011)
Sponsored Content
Read More
Featured
Sponsored Content