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Economy
Vienna Stock Exchange: ATX Upswing Drives Up Equity Trading in Q1
The Vienna Stock Exchange has seen the strongest monthly equity turnover since August 2011. The average monthly trading volume to date in 2015 is EUR 5.04 billion which represents a gain of 26.61% over the average monthly trading volume of the year 2014 (EUR 3.98 billion).
April 2, 2015
Business Indicator: Economic Activity Remains Sluggish - Revival Only in Course of Year
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The Austrian economy is making no headway at present after the mild improvement in the economic climate at the start of the year. The Bank Austria Business Indicator remained at exactly zero points in February after a modest increase in the previous month. The current economic situation is thus somewhat more favourable than towards the end of the previous year, but the local economy still lacks momentum as of March 2015.
April 1, 2015
Austrian Economic Activity Remains Sluggish - Revival Only in Course of Year
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The Austrian economy is making no headway at present after the mild improvement in the economic climate at the start of the year.
March 19, 2015
Austria: Number of Naturalisations Increased by 3.7% in 2014
7.693 people acquired Austrian citizenship in 2014 (including 123 persons resident abroad). Compared to 2013, the number of naturalisations increased by 3.7%. Top former nationalities include Bosnia-Herzegovina (1 120), Turkey (885), followed by Serbia (671), the Russian Federation (433) and the Kosovo (381).
February 20, 2015
Finance Ministry: "Fitch Downgrade has no Impact on Austria Rating"
In response to the rating announcement by rating agency Fitch, the Austrian Federal Ministry of Finance says, that the current Fitch rating has no impact on the Austria rating due to temporary debt increase.
February 20, 2015
Austrian Population Rises Above 8.5 Million
Austria's population increases to 8.58 million at the beginning of 2015, according to preliminary results of Statistics Austria. In absolute terms, the population grew by almost 72 000 last year. Hence, population growth was significantly higher than in the previous year (2013: +56 000). More than half of the population growth was concentrated in the Eastern part of Austria (55.9%), where Vienna accounted for a large share of the total increase (38.9%).
February 20, 2015
Business Indicator: First Small Signs of Improvement in Austrian Economic Activity
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The Indicator exits negative territory due to modest rise in January. Decline in oil price pushes average annual inflation down below 1 percent for 2015, injecting more momentum into private consumption. Growth forecast for 2015 raised to 0.9 percent.
February 20, 2015
Purchasing Managers' Index: Austrian Economy Still Waiting for Industrial Upswing
Bank Austria has published its latest "Purchasing Managers' Index" on the Austrian economy. While industrial activity is slowly improving in Europe, Austrian industry is not yet in the best of form in early 2015.
January 29, 2015
Inflation in Austria Dropped Down to +1.0% in December 2014
The annual inflation rate of the consumer price index measured by Statistics Austria went down to +1.0% in December 2014 (November +1.7%).
January 19, 2015
Business Indicator: Austrian Economy Makes a Subdued Start to the New Year
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The renewed decline of the Business Indicator in December, taking it into negative territory, was influenced by the generally gloomier sentiment in the Austrian economy, which deviates to some extent from the trend seen across Europe.
January 16, 2015
Slack Performance in Austrian Industry Continues
Bank Austria Purchasing Managers' Index rises 0.5 points to 47.4, but Austrian industry contracts again in November.
November 27, 2014
Business Indicator: Economy at a Standstill - Revival in 2015 Requires New Stimulus
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The bank's indicator shows that a slight improvement in the business indicator in October - yet minimal rise to neutral territory signals ongoing stagnation
November 17, 2014
"How's Austria?" Indicator 2014 has been Published
Economic growth is not identical with progress and wealth, as the updated indicator set "How's Austria?" shows: Decline in material wealth, environmental situation still critical and ambivalent picture regarding quality of life.
November 11, 2014
Government Debt Increased to 82.6% of GDP in Austria and to 92.7% in Euro Area
At the end of the second quarter of 2014, the government debt to GDP ratio in the euro area (EA18) stood at 92.7%, compared with 91.9% at the end of the first quarter of 2014. Austria's government debt rose to 82.6 percent of GDP in Q2 2014 from 81.3 percent in Q1.
October 23, 2014
Corporate Bond Market Comment by Raiffeisen Research: OMV, Kapsch TrafficCom, Telekom Austria
"The slight correction on credit markets that lasted until the middle of last week was calmed by speculations of a possible extension of the US Fed’s expansive monetary policy stance, as well as thus far also unconfirmed reports that the ECB might expand its bond purchases to the corporate bond sector. This slight relaxation was also observable in the stock market volatility, measured by the VDAX. This indicator rose to 23.57% p.a. last week and by yesterday had fallen to 17.75% p.a." Raiffeisen Research is seeing similar market developments in their Austrian Corporate Index.
October 23, 2014
Business Indicator: Dip in Economic Activity Towards End of Year, but Hope Remains for 2015
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The Bank's analysts believe that in light of the increasing uncertainty in recent months, the moderate recovery achieved by the European and therefore the Austrian economy too this year is taking a breather. The Russia/Ukraine crisis and the tensions in the Middle East have blighted sentiment in the Austrian economy at the start of autumn on a broad scale.
October 17, 2014
Business Indicator: Growing Geopolitical Uncertainty Levels the Economic Outlook Down
Bank Austria has published its latest "Business Indicator" on the Austrian economy. The analysts of Bank Austria believe, that after a weak first six months, the economic recovery continues to find it difficult to get out of the starting blocks. The growing uncertainty fuelled by the Russia-Ukraine crisis was reflected in another decline for Bank Austria’s Business Indicator in August. The indicator has been trending downwards slightly for half a year, and now sits at its lowest point since last summer of just 0.2 points.
September 18, 2014
Analysis: The Brenner Base Tunnel
The Brenner Base Tunnel is a planned 55-kilometre long railway tunnel through the base of the Brenner massif. It will run from Innsbruck Hauptbahnhof in Austria to Franzensfeste (Fortezza) in Italy, replacing part of the current Brenner railway. The line is part of Line 1, the Berlin to Palermo route, of Trans-European Transport Networks (TEN-T).
August 11, 2014
Austrian Industrial Producer Prices Down By 0.6%
The industrial producer price index, IPPI 2010, reached 103.0 points in June 2014, representing a price decrease of 0.6% compared to June 2013.
August 1, 2014
Austria: Decreasing Production Trends in Industry and Construction
62.295 enterprises (+1.3% compared to the previous year) in the entire industry and construction sector turned over a total of €80.2 bn (-0.1%) from January until April 2014, coupled with slightly decreasing employment (907 384 persons, -0.2%).
August 1, 2014
Negative Austrian Enterprise Creation Rate
In 2012, 24 077 new enterprises were created in Austria. At the same time, 24 920 enterprises closed, resulting in an enterprise closing rate of 6.1%.
July 29, 2014
Vienna: ATX Remains one of the Most Undervalued Stock Indices
"We strongly believe in the potential of the ATX. By comparison to Western Europe and the US, stocks on the Austrian market have moderate valuations and this makes them more attractive to investors."
July 2, 2014
CPI: Austrian Inflation Rate Increased Slightly to 1.8% Y/Y
The annual inflation rate of the consumer price index measured by Statistics Austria went up to 1.8% in May 2014 (April 1.7%).
June 16, 2014
Vienna: One of the Most Innovative Cities
According to a ranking by the Australian agency 2thinknow, Vienna is the most innovative city in Europe and scored 3rd place in the cities worldwide, succeeding Boston and New York.
March 22, 2013
Czech Republic: Slight Increase of Consumer Price Index
Consumer prices in February increased by 0.1% compared with January. This rise came primarily from price increases in 'transport' and 'recreation and culture'. The year-on-year growth of consumer prices decelerated to 1.7% in February (1.9% in January).
March 11, 2013
Austria: Optimistic Economy Minister Forecasts Economic Growth
In an interview with Wirtschaftsblatt, Austria’s economy minister, Reinhold Mitterlehner, forecasts an economic growth rate of 2 % for the next year, 2014.
March 11, 2013
Poland: NBP Cuts Interest Rate to Record Low
The council of fiscal policy has cut interests rate down to 3.25 % which is the lowest since Poland’s democratic turnaround in 1989.
March 6, 2013
Austria´s Economy: Recovery Accelerates
According to the Report of Bank Austria “Austria´s Economy”, GDP increases stronger than expected. The labor market experiences some weaknesses.
November 15, 2010
Austria: Strong Growth Again in the Third Quarter 2010
According to the latest flash estimate of the Austrian Institute of Economic Research (WIFO), Austria's economy again expanded in the third quarter of 2010 by 0.9% over the previous quarter (after +1.2% in the second quarter).
November 12, 2010
Coface CEE Top 500 - Poland Largest Number of Companies in CEE
Poland has the largest number of companies in the Central and Eastern Europe Top 500 with 28.4%. Hungary ranks second with 16.6%, overtaking the Czech Republic, which is home for 13.8% of the CEE Top 500.
October 12, 2010
Austria: Economic Recovery Continues
OeNB economic indicator: After the exceptionally strong economic recovery for the first half year, the Oesterreichische Nationalbank (OeNB) expects sustained high economic dynamics in Austria for the second half year.
October 1, 2010
Labor market: Reduction of Full-Time Jobs Hits Women Hardest
As Statistik Austria reports, in the second quarter about 11,600 people less than last year sought work in Austria
September 17, 2010
Wifo: Economy grew by 2.4 % in the second quarter
According to the Wirtschaftsforschungsinstitut (Economic Research Institute) the growth in the second quarter was due mainly to exports and investment. For the rest of the year, however, the Institute expects a slowdown in economic activity.
September 10, 2010
Turnover in Services Sector increased by 1.9% in the first half of 2010
Based on results for the first half of 2010, turnover of Austrian services enterprises at nominal values rose by 1.9% compared to the first half year 2009.
September 6, 2010
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