Continued Strong Economic Activity Since the Beginning of the Year. Business Cycle Report of June 2018
Austrian GDP grew by 0.8 percent in the first quarter of 2018 compared with the previous period, after +0.9 percent in the third and fourth quarter 2017. As a result, the economic momentum continued from the previous year and the boom phase continues. The positive development of the real economy is...| Link(s) zu Dokument(en): | WIFO Publikation |
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| Veröffentlicht in: | WIFO Bulletin |
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| Format: | article |
| Sprache: | Englisch |
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2018
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| Zusammenfassung: | Austrian GDP grew by 0.8 percent in the first quarter of 2018 compared with the previous period, after +0.9 percent in the third and fourth quarter 2017. As a result, the economic momentum continued from the previous year and the boom phase continues. The positive development of the real economy is also reflected in the labour market in an increase in employment and a decline in unemployment. Inflation is currently still unusually restrained. |
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