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IMF Forecasts Only Minimal Growth for Austria in 2013

Published: October 8, 2013; 18:12 · (Vindobona)

The International Monetary Fund (IMF) forecasts not even one half percent of GDP growth this year for Austria. However, 2014 has better chances for accelerated growth.

IMF Forecasts Only Minimal Growth for Austria in 2013 / Picture: © Flickr

The International Monetary Fund has halved the growth prognosis for Austria to 0.4 percent in the current year. Next year, however, the Austrian economy may grow by 1.6 percent, as predicted in April, according to the world economic forecast which was published on Tuesday. The growth forecasts by IMF are lower than those by domestic research institutes IHS and Wifo, which have estimated…

This article includes a total of 259 words.

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