After the slump in economic growth between late 2012 and the middle of 2013, the Austrian economy is expected to follow a moderate upward trend, with GDP growth averaging 1.8 percent p.a. over the period 2014-2018. Private consumption in particular will remain subdued, as private households seem...

This paper presents an evaluation of the forecasts of WIFO, the Institute for Advanced Studies (IHS) and the OECD for the Austrian economy for three key macro-economic variables for the period 1983-1999. As to the projections of growth and inflation in terms of accuracy no significant...

Growth of the Austrian economy may accelerate to an annual rate of 2.3 percent in the next five years. The average rate would thereby be markedly higher than the 1.6 percent recorded over the period from 1999 to 2004. Activity is receiving substantial stimulus from exports. Austrian firms should...

Between 2008 and 2012, real GDP in Austria will grow at an annual average rate of 2.3 percent. From 2010 onwards, the Austrian economy is expected to benefit from tax cuts and an economic recovery in the euro area.

The business cycle recovery is currently proceeding at a slow pace. The medium-term forecast for the Austrian economy expects, however, an acceleration in 2003 and 2004. The upswing is mainly driven by external forces stimulating exports and business investment in machinery and equipment. Growth...

The major part of inflation in Austria is accounted for by the international component. With the exception of the first months of the year 2005 and the last months of 2007, the components specific to Austria had an inflation-dampening effect vis-à-vis the "underlying inflation trend" of the...

Real GDP in Austria will grow on average by 2.5 percent per year until 2011, which is a much faster pace than in the past six years when expansion was retarded by the sluggish European economy and slow domestic demand. Acceleration of medium-term growth will be somewhat faster in Austria than on...

Over the period from 2003 to 2008, real GDP in Austria is expected to grow by about 2.3 percent per year, slightly faster than in the euro area as a whole. Notably the tax reform, EU enlargement and investment in the knowledge base should secure a small growth advantage vis-à-vis the EU. The...

During the projection period of 1999–2004, the Austrian GDP is expected to average a growth of 2.5 percent p.a. in real terms. It will thus grow at a marginally lower rate than the EU average, as measures expected to be taken to consolidate the Austrian budget will act as a slight brake....

The global economic crisis will slow down Austria's economic growth over the medium term. Over the period from 2009 to 2013, real GDP is expected to grow on average by 1.3 percent p.a. The cyclical downturn will have a negative impact on the labour market and public finances, while keeping...