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“Austrian Industry Still Taking a Breather”

Published: March 5, 2013; 16:06 · (Vindobona)

Signs of a stabilisation emerging in employment. |Reduced cost pressure as a result of current price trends. | Delayed spring awakening in industry may provide too little support for a GDP increase in the first quarter of 2013.

“Austrian Industry Still Taking a Breather” / Picture: © Flickr

Amidst the difficult conditions at the moment, Austrian industry is taking time to pick up momentum. "After making it past the economic low in the fourth quarter of 2012, the domestic production sector is taking a longer breather along its path to recovery at the beginning of 2013. The improvement in January was followed in February by a slight downward correction of the Bank Austria…

This article includes a total of 711 words.

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