Austrian Economy Growing Faster than Eurozone Average

Business › Economy ♦ Published: June 17, 2011; 11:48 ♦ (Vindobona)

OeNB has revised its growth forecast for 2011 upwards to 3.2%. Lower rates are expected for 2012 and 2013.

Austrian Economy Growing Faster than Eurozone Average / Picture: © Vindobona.org

As expected already, the Austrian national bank (OeNB) has raised its growth rate predictions for the Austrian economy for 2011, but retained the figures for 2012. A real growth of 3.2% is now expected for this year. In 2012 and 2013, the economic development will then slow down. The growth rate is forecast to amount to 2.3% and 2.4%, respectively, which is still above the Austrian…

or Log In

Fast News Search
Related News
Majority of Enterprises Satisfied with Business Development (June 15, 2011)
GDP Growth Lower than Expected (June 10, 2011)
Economic Growth Is Based on Households and Exports (June 8, 2011)
Strong Growth in Foreign Trade in the First Quarter of 2011 (June 7, 2011)
Bank Austria: Austrian Industry Cooling Down (May 31, 2011)
Exports on Track for New Record (May 26, 2011)
Austria’s Economy Is Growing Faster Than Expected (May 25, 2011)
Read More
GDP Gross Domestic Product, Economic Growth, OeNB Austrian National Bank, Ewald Nowotny
Featured
See latest Vindobona Newsletter