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Economic growth in Austria could accelerate to 2.3 percent annually in real terms over the next five years. At such a pace, the average growth rate would thus be significantly higher than in 1999–2004 (+1.6 percent). The chief momentum comes from exports. Domestic enterprises should profit...
Persistent link: https://www.econbiz.de/10004978515
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...
Persistent link: https://www.econbiz.de/10005059274
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...
Persistent link: https://www.econbiz.de/10005059340
In the course of 2004, cyclical stimulus from the USA will lead to a recovery also in Europe that should continue over the whole projection period. The major risk derives at present from the high euro exchange rate which may hold back the momentum of the European economy. Under such external...
Persistent link: https://www.econbiz.de/10004975112
At 1.3 percent per year the Austrian economy will expand only half as rapidly in 2009-2013 as in 2004-2008 (2.7 percent per year). The current forecast period is characterised by very heterogeneous developments: during 2009 and 2010 the Austrian economy will be fully hit by the international...
Persistent link: https://www.econbiz.de/10004976451
The Austrian economy is expected to grow by 2.1 percent per year until 2010, exceeding the average rate for the euro area. The increase in external demand and the high competitiveness of domestic companies will drive exports in the years to come. The upgrading of the transportation...
Persistent link: https://www.econbiz.de/10004978442
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...
Persistent link: https://www.econbiz.de/10010776421
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...
Persistent link: https://www.econbiz.de/10010884969
Persistent link: https://www.econbiz.de/10010935643
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...
Persistent link: https://www.econbiz.de/10010744620