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Business Indicator: Economy at a Standstill - Revival in 2015 Requires New Stimulus
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The bank's indicator shows that a slight improvement in the business indicator in October - yet minimal rise to neutral territory signals ongoing stagnation
Economy at a standstill: Revival in 2015 requires new stimulus / Picture: © UniCredit Bank Austria AG
After the flat growth in the Austrian economy during the third quarter, the economy is likely to continue treading water in the fourth quarter too.
Although the sentiment indicator components of Bank Austria’s Business Indicator all exhibit a marginal improvement in October over the previous month, the domestic economy is being held back by the underlying…
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