Vigorous Economic Activity in Winter 2017-18. Business Cycle Report of December 2017

Both the global and the Austrian economy are growing vigorously at present. Sentiment indicators suggest that this momentum will continue also in the first few months of the coming year. This benefits the Austrian labour market, although the unemployment rate remains high. Inflation in Austria excee...

Ausführliche Beschreibung

Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:WIFO Bulletin
1. Verfasser: Stefan Ederer
Format: article
Sprache:Englisch
Veröffentlicht: 2017
Schlagworte:
Beschreibung
Zusammenfassung:Both the global and the Austrian economy are growing vigorously at present. Sentiment indicators suggest that this momentum will continue also in the first few months of the coming year. This benefits the Austrian labour market, although the unemployment rate remains high. Inflation in Austria exceeds the euro area average.