Article Tools

Austrian Economy Growing Faster than Eurozone Average

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: © Flickr

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…

This article includes a total of 216 words.

or Log In