After the slow pace recorded in 2014, growth of the Austrian economy is likely to remain modest also in early 2015. Leading indicators to date give no substantial hint for a revival of business activity. Hence, the conditions for a cyclical recovery during the first half of the year are hardly...

Die österreichische Wirtschaft wird heuer real um 1,7% wachsen. Impulse kommen insbesondere von der Ausfuhr. Die Industrie profitiert aufgrund ihrer engen Zulieferbeziehungen in erster Linie von der markanten Erholung der deutschen Exportwirtschaft. Die Investitionstätigkeit zeigt Tendenzen...

Following an increase by 3.1 percent in 2007, economic growth in Austria will moderate to 2 percent this year. While demand and output in the first half of 2008 were clearly more dynamic than in the euro area as a whole, the momentum has slowed steadily since the beginning of the year....

Die Wachstumsprognosen für 2005 und 2006 bleiben unverändert, aber das Risiko einer ungünstigeren Entwicklung ist größer geworden. Der weitere Konjunkturverlauf ist im Euro-Raum unsicher, da die Export- und Gewinnsteigerungen bisher noch nicht die erwartete Ausweitung von Investitionen und...

The business cycle upturn that started in 2005 is continuing throughout the current year. After an increase of 3.1 percent in 2006, real GDP is expected to expand by 3.2 percent in 2007. While export growth is gradually decelerating, investment is gaining momentum to become the key driver of the...

Das Wachstum des BIP wird heuer real 1,5% erreichen und damit höher sein als im Jahr 2003 (+0,7%). Von Mitte bis Ende 2003 verbesserte sich das Geschäftsklima in der konjunkturreagiblen Sachgütererzeugung kontinuierlich, allerdings beurteilen die Unternehmen seit Jahresbeginn 2004 die...

As from the second semester 2005, favourable business conditions worldwide have set in motion a cyclical upswing in Austria, which has been gaining strength in the current year. Demand incentives have been transmitted from exports to domestic investment, thereby fostering the sustainability of...

Since the middle of 2011, the international economic environment has deteriorated markedly. In view of rising uncertainty about how to definitively resolve the sovereign debt crisis, investment decisions are being deferred. After a strong expansion by 2.9 percent in 2011, the Austrian economy...

The sovereign debt crisis in the euro area prompted many EU countries to step up efforts at fiscal consolidation in order to stem the rise in interest rates on their government bonds. This will dampen internal demand in the years to come, in particular if budgetary retrenchment should lose sight...

World trade rebounded further in the first few months of 2010, its volume meanwhile approaching the pre-crisis level. On the back of the boom in Asia, the recovery in the USA and the depreciation of the euro, euro area exports should make good headway. Nevertheless, the cyclical upturn will...