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Austrian Economy Shows Weakness
Economic low delayed: slight GDP decline expected in the fourth quarter, resulting in economic growth of less than 1 per cent this year.
Austrian Economy Shows Weakness / Picture: © Vindobona.org
The dark clouds on the horizon for Austria’s business activity are showing no signs of clearing out.
The Bank Austria Business Indicator remains in negative territory in October, which signals a sustained slump in the Austrian economy. However, the increase by 0.4 points compared to the previous month to the current level of minus 0.8 points shows that a slight improvement lies…
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