Business Indicator: Recovery in Austria to Pick Up Momentum in 2016

BusinessEconomy ♦ Published: December 18, 2015; 15:00 ♦ (Vindobona)

According to Bank Austria, the Business Indicator fell again in November. Now sitting at -0.3 points, the indicator has reached its lowest reading of 2015 just before the turn of the year. Despite this downward trend Bank Austria assumes that the Austrian economy will have maintained its moderate growth trajectory at the end of 2015.

Business Indicator: Recovery in Austria to pick up momentum in 2016 / Picture: © UniCredit Bank Austria AG

Recovery in Austria to pick up momentum in 2016 – despite gloomier consumer sentiment just now

Bank Austria Business Indicator sinks to its annual low in November

The Bank Austria Business Indicator fell again in November. Now sitting at -0.3 points, the indicator has reached its lowest reading of 2015 just before the turn of the year.…

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