Growth Accelerated in Austria at Start of the Year. Business Cycle Report of June 2016
Austrian real gross domestic product increased by 0.5 percent quarter on quarter in the first quarter of 2016, according to WIFO's latest quarterly accounts (based on the trend-cycle component). Having grown at a robust pace last year, economic activity thus accelerated further. The growth spurt was...| Link(s) zu Dokument(en): | WIFO Publikation |
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| Veröffentlicht in: | WIFO Bulletin |
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| Format: | article |
| Sprache: | Englisch |
| Veröffentlicht: |
2016
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| Zusammenfassung: | Austrian real gross domestic product increased by 0.5 percent quarter on quarter in the first quarter of 2016, according to WIFO's latest quarterly accounts (based on the trend-cycle component). Having grown at a robust pace last year, economic activity thus accelerated further. The growth spurt was mainly driven by domestic demand. Leading indicators are painting a continually improving picture, but the general sentiment remains subdued. |
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