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The Austrian economy grew by 3 percent in volume year-on-year in the second quarter of 2006, according to WIFO's latest flash estimate. Goods exports continued to gain momentum, and investment activity also strengthened. There is no indication of a pick-up in private consumption and housing...
Persistent link: https://www.econbiz.de/10004975333
Exports of goods regained momentum in the third quarter. As expected, private consumption in the last months reacted with a lag to the positive effects of the tax reform on household incomes. The decline in the euro exchange rate is brightening the outlook for exports and the softening of oil...
Persistent link: https://www.econbiz.de/10004978420
The world economy continues to expand at a vigorous rate for the fifth year in a row, with real output growth exceeding 5 percent. Downside risks to global economic activity have increased mainly because of the aggravation of the real estate crisis in the USA, where real estate prices have been...
Persistent link: https://www.econbiz.de/10005001040
Österreichs Warenexporte nahmen im III. Quartal wieder zu. Aufgrund des Rückgangs des Euro-Kurses und des starken Wachstums der Weltwirtschaft sind die Unternehmen auch bezüglich der künftigen Exportentwicklung optimistischer. Der private Konsum bleibt verhalten und reagiert nur verzögert...
Persistent link: https://www.econbiz.de/10005032538
The Austrian economy grew by 3 percent year-on-year in the second quarter, according to WIFO's flash estimate. While exports and investment in machinery and equipment gained momentum compared with previous quarters, private consumption and housing construction did not show any signs of a...
Persistent link: https://www.econbiz.de/10005059359
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