Read the latest headlines about Austria's economy, including news on inflation, growth domestic product (GDP), nation's debt and labor market
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Austrian Economic News and Analysis

Jank - Vienna also requires No. 1 for business friendliness

Chamber of Commerce Vienna President Brigitte Jank is delighted about Vienna’s top spot in the current Mercer survey. For international managers, Vienna continues to claim the title as the city with the highest quality of life.

May 26, 2010

Mitterlehner referring to OECD forecast - Export strength is key to real growth

OECD provides good evidence from Austria - to promote exports even further to play off long-term growth projection.

May 26, 2010

Austria - Economic Outlook Country Summary

The recovery is expected to gather momentum in 2010 and 2011 as foreign demand firms and policies remain broadly supportive.

May 26, 2010

ÖGPI gas price index rises in June

The Austrian gas price index - ÖGPI (C) - recorded a rise for June from the previous month.

May 25, 2010

Production Index in March 2010: -2.8% compared to March 2009

The seasonally adjusted production index for the Production Area (NACE 2008 B - F) recorded on the basis of 2005, according to calculations by Statistics Austria in March 2010, a 2.1% decrease compared to February 2010.

May 25, 2010

Austria’s fuel prices below EU-average

The Federal Ministry for Economic Affairs and Youth published the fuel price monitor of the European Commission...

May 21, 2010

Mitterlehner - IMD-Ranking as a confirmation of Austria’s growth

Minister of Commerce Reinhold Mitterlehner welcomes the better position of Austria in IMD's ranking of Competitiveness.

May 21, 2010

ICCA publishes country and city rankings 2009

U.S.A. and Vienna still most popular association meeting destinations.

May 20, 2010

Solo attempt as an infringement of regulation

It sounds uneventful, also hardly known by relevant experts however contains explosive substance in the context of the debated transaction tax.

May 20, 2010

Vienna fuel-price summit on 27 May

According to the Austrian Times, there will be a fuel-price summit at the economy ministry on 27 May, it was announced today .

May 19, 2010

ÖAMTC - oil price are at September 2009 rates but fuel prices are 17 cents higher

Oil prices are decreasing in price however fuel prices are rapidly increasing. Crude oil prices are at levels of September 2009. At the time average prices for diesel were at €0.953 while “Super” was sold at €1.051.

May 19, 2010

National Council pro "Euro security shield"

Social Democrats SPÖ, People Party ÖVP and Green Party members Van der Bellen and Moser vote pro coalition while the freedom party rejects the referendum.

May 19, 2010

Less mergers and acquisitions (M&A) in Austria

247 mergers and acquisitions in 2009, value of €11b, two-thirds were cross-border.

May 18, 2010

Inflation at 2 per cent in April

Austria’s inflation rate remains constant at 2 per cent in April compared to March. Without driving price developments of petroleum products (+23 per cent), inflation rate would register 1,1 per cent according to “Statistik Austria”.

May 18, 2010

Transaction tax is favourable to bank tax according to WIFO

According to WIFO (Institute of economic research Austria) a financial transaction tax (TT) is favourable to a bank tax (BT) on multiple grounds.

May 17, 2010