Stable Outlook for Recovery of Austrian Economy

Politics ♦ Published: November 8, 2013; 14:43 ♦ (Vindobona)

The outlook for economic improvement has stabilized. Both Wifo’s economy test and Wifo’s early indicator point to an upward trend.

Stable Outlook for Recovery of Austrian Economy / Picture: © Vindobona.org

According to reports by the Austrian Economic Research Institute, the early indicator has improved for the third time in a row which is a clear signal for a stable outlook for economic recovery. Particulary the industrual indicator was recovering gradually, according to Wifo.

Leading indicators point to a continuing upward trend for the Eurozone as well as the European Union in…

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