The economic and financial crises in Asia and in Russia have had a marked impact on the economic development in Austria. Weaker export growth and, given the economic uncertainties, a feeble propensity to invest dampened GDP growth in the third quarter of 1998 to a low 2.7 percent on a...

In October, both industrial output and business surveys for the euro area show a marked improvement from the first half of the year. Notably for Germany and Italy, where GDP rose below the average in the first semester, indicators point to a rebound. In Austria, growth has been above the...

Die Konjunkturumfrage des WIFO zeigt eine neuerliche Eintrübung der Erwartungen für die Produktionstätigkeit in den kommenden Monaten. Die Einschätzung der aktuellen Auftragslage durch die Unternehmen hat sich jedoch gegenüber den Vormonaten kaum verändert. Die Befragung erfolgte im...

With a growth rate of 3.3 percent, Austria's economy performed well in 1998. The driving force of the economic upswing in the first half of the year was the boom in exports; in the early fall, however, export growth weakened considerably as a result of the international financial crisis. Even...

During the last few months, output in Austria's manufacturing industry expanded vigorously; in April, for the first time in many years, the number of jobs in manufacturing increased. The Asian crisis has barely impaired the business climate. At the beginning of the year, output in the...

The Austrian economy grew by 0.8 percent quarter-on-quarter or 3.2 percent year-on-year in the first quarter of 2007, according to WIFO's latest flash estimate. Goods exports and investment are the main pillars of the upturn. The sentiment among manufacturers is currently as optimistic as last...

Driven by exports and investment, demand and output in Austria are growing by 2.6 percent in volume in 2006, the highest rate since 2000. By contrast, the momentum of private consumption remains subdued, despite the boost to net incomes from the tax reform. The jump in oil prices is hardly...

Nach einer außerordentlich guten Wirtschaftsentwicklung im 1. Halbjahr stieg das BIP im III. Quartal real um nur 2,7%. Hauptursache waren die Abschwächung im Export und auch ein Nachlassen der Investitionsbereitschaft infolge zunehmender wirtschaftlicher Unsicherheiten. Umfragen unter...

Latest survey information for Austria and the euro area points to a marked increase in business confidence. Robust economic growth is evident also outside the euro area. Inflation in Austria dropped to 1 percent in March, its lowest rate since 2003. In April, the labour market benefited...