More private consumption in Austria

BusinessEconomy ♦ Published: July 7, 2010; 00:00 ♦ (Vindobona)

In Austria the private consumption expenditure has increased by 0.3 percent in the first quarter of 2010.

More private consumption in Austria / Picture: © Vindobona.org

The euro zone as well as the EU-27 registered a slight decrease of 0.1 percent based on the latest figures of Eurostat. The largest increases in spending were observed in Latvia with 3.9 percent, the biggest loss is -1.7 percent in Romania.

State expenditure in Austria was up 1.1 percent in the first quarter of 2010 compared to the fourth Quarter of 2009.

The euro zone…

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