Stefan Bruckbauer

Austria: Consumer Confidence Negative

Today, Bank Austria has published its monthly economic indicator. Domestic demand will not grow this year, Bank Austria says.

July 16, 2013

“Austrian Industry Still Taking a Breather”

Signs of a stabilisation emerging in employment. |Reduced cost pressure as a result of current price trends. | Delayed spring awakening in industry may provide too little support for a GDP increase in the first quarter of 2013.

March 5, 2013

“Austria on its way out of economic slump”

Increasing signs of economic turnaround: GDP contraction in final quarter of 2012, but economy will gradually gain momentum in 2013, Bank Austria reports.

January 17, 2013

“Turnaround in sight for industrial activity”

The Bank Austria Purchasing Managers' Index climbs in November to best reading since June. Rising orders nudge production up slightly in Austrian industry for the first time since the summer

November 30, 2012

Orders Down for Austrian industry

Sharpest decline in orders since the middle of 2009 results in a significant reduction in production – job losses in industry pick up pace in September. Contraction in industry weakens overall economy: modest decline in GDP likely for the third quarter.

September 28, 2012

Weak Demand Slows Austrian Industry

Bank Austria's Purchasing Managers' Index drops in August to lowest reading since mid-2009. A growth horizon is no longer in sight. In Austria, a substantial fall in order was observed.

August 30, 2012

Declining Real Income: UBS Defends Report

Paul Donovan, author of the controversial study, was criticized by Austria´s Central Bank and Bank Austria. Donovan underlines that his study is correct.

August 24, 2012

„There´s no Crisis in Eastern Europe“

Austrian economists and bankers do not comprehend the downgrade by Moody´s. The risk in Eastern Europe would be more differentiated, OeNB´s governor Nowotny said.

June 8, 2012

Greek Exit: € 5.0bn Costs for Austria „In the Best Case“

Bank Austria´s chief economist Stefan Bruckbauer warns of exorbitant costs in case of a Greek exit out of the Eurozone. A common solution would be the better alternative.

May 19, 2012

“Austria Was Boosted by EU Accession, Euro and Opening to Eastern Europe”

Bank Austria analyzed the development of Austria since the EU accession in 1995. It concluded that the economy has taken full advantage of the opportunities offered by the changes.

July 28, 2011

Slowdown expected in the third quarter

A return to recession is not expected according to economists at Bank Austria, but the peak was now surpassed.

July 13, 2010
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