Bank Austria: Economic Recovery Continues

BusinessEconomy ♦ Published: November 18, 2013; 13:10 ♦ (Vindobona)

The Bank Austria Business Indicator provides an overview of the current economic situation in Austria.

Bank Austria: Economic Recovery Continues / Picture: ©
  • Bank Austria Business Indicator continues uptrend, rising to 1.2 points in October
  • Closing quarter of 2013 will produce strongest economic growth since 2011 - moderate growth expected for 2013 as a whole
  • Brisker growth on a more balances basis for 2014: investments and consumption support export economy
  • Debate about budget gap stokes…