Forecast: Austria's Economic Growth in 2011 at 2.5%

Business › Economy ♦ Published: April 2, 2011; 07:50 ♦ (Vindobona)

The upswing in the first half year continues mainly due to strongly growing exports. A flattening of growth is expected after this.

Forecast: Austria's Economic Growth in 2011 at 2.5% / Picture: © Vindobona.org

The upswing continues in Austria.. The lively growth in Germany in 2010 brought a significant expansion of exports with it. The Austrian industry thus benefited indirectly from the strong economic expansion in emerging countries. However, the increase in capital spending in the last three quarters points to a transition of the export boom to investments. This trend should continue,…

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Economic Growth, GDP Gross Domestic Product, Exports, Foreign Trade, Inflation, Private Consumption, WIFO Austrian Institute of Economic Research
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