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Economic growth in Austria is set to decelerate to an average 2.1 percent in volume this year. This is primarily the consequence of the international financial crisis that originated from US real estate markets. Scope and duration of that crisis can still not be reliably assessed at present. The...
Persistent link: https://www.econbiz.de/10004975006
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...
Persistent link: https://www.econbiz.de/10004975100
Austria's economy is expected to grow by 2.4 percent in volume in 2006. Exports and gross fixed capital formation will sustain the cyclical recovery, while private household demand will hardly pick up from its current weakness. In-flation should decelerate, leading to moderate real income gains....
Persistent link: https://www.econbiz.de/10004975398
GDP growth in Austria is set to abate from 3.4 percent in 2007 to 2.2 percent in 2008. A first preview to 2009 suggests a rate of growth around 2 percent. Main reason for the deceleration is a weakening of the international environment, as witnessed by the cyclical downturn in the USA, the...
Persistent link: https://www.econbiz.de/10004975440
Die Konjunkturerholung hält an, wird aber durch den hohen Euro-Kurs gebremst. Die weltwirtschaftlichen Risken sind infolge hoher Ungleichgewichte in den letzten Monaten größer geworden. 2005 wird die österreichische Wirtschaft um 2¼% wachsen, etwas weniger als bisher erwartet. Die...
Persistent link: https://www.econbiz.de/10004976289
The strong cyclical activity of last year is extending into 2007. After an increase of 3.2 percent in 2006, real GDP is expected to grow by 3.0 percent this year. While exports are slightly losing momentum, investment is gaining strength. Private household consumption is also picking up, though...
Persistent link: https://www.econbiz.de/10004976414
In 2006, the Austrian economy benefited from the cyclical upswing in Europe. The implicit growth impulse translated in the course of the year into higher investment demand. Domestic demand will drive activity also in 2007, even if the "echo effect" from the positive one-off factors at work in...
Persistent link: https://www.econbiz.de/10004978389
Die Verbesserung der Weltkonjunktur strahlt 2004 auch auf die europäische Wirtschaft aus. Dank kräftiger Exportsteigerungen wächst die Wirtschaft in Österreich wie im Euro-Raum heuer um 1,9%. Im Jahr 2005 wird zwar die Zunahme des Welthandels an Schwung verlieren, in Europa dürfte jedoch...
Persistent link: https://www.econbiz.de/10004978447
GDP in Austria is growing by 3.4 percent in volume this year, ¾ percentage point above the euro area average. Strong business activity is driven by exports and has meanwhile extended to construction and equipment investment. The swift expansion of demand and output is accelerating the growth of...
Persistent link: https://www.econbiz.de/10004978459
Austria's economy is expected to expand by 2.4 percent in real terms this year, slightly faster than the euro area average. Exports and manufacturing output continue to drive activity forward, and a revival of investment in machinery and equipment is deemed imminent. Higher wage settlements and...
Persistent link: https://www.econbiz.de/10004978560