European Commission Forecasts GDP Growth for Austria

PeoplePoliticians ♦ Published: May 17, 2021; 13:30 ♦ (Vindobona)

In its spring forecast, the European Commission has issued GDP growth rates for all its member countries as well as for the EU as a whole and the euro area. Read more to find out the exact rates.

A forecasted increase in private consumption, for example here on the famous shopping street Mariahilfer Straße in Vienna, will be an important driver for a growing GDP. / Picture: © Wikimedia Commons / Gugerell / CC0

European Commission forecasts GDP growth of 3.4 percent in Austria and 4.2 percent in the EU this year. …