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Business Indicator: Austrian Economy Makes a Subdued Start to the New Year
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The renewed decline of the Business Indicator in December, taking it into negative territory, was influenced by the generally gloomier sentiment in the Austrian economy, which deviates to some extent from the trend seen across Europe.
Austrian economy makes a subdued start to the new year / Picture: © UniCredit Bank Austria AG
The renewed decline in Bank Austria’s Business Indicator in December, taking it into negative territory, was influenced by the generally gloomier sentiment in the Austrian economy, which deviates to some extent from the trend seen across Europe.
The sentiment among local consumers dropped in December to an annual low, and of all the EU countries only in Austria did the…
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