Ambiguous Economic Prospects. Business Cycle Report of November 2019

The global economy appears to be stabilising somewhat at present. In the USA and the euro area, GDP continues to expand strongly, and indicators in Germany are also pointing to a gradual end to the slowdown. In Austria, the economy grew moderately in the third quarter, but economic momentum remained...

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Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:WIFO Bulletin
1. Verfasser: Stefan Ederer
Format: article
Sprache:Englisch
Veröffentlicht: 2019
Schlagworte:
Beschreibung
Zusammenfassung:The global economy appears to be stabilising somewhat at present. In the USA and the euro area, GDP continues to expand strongly, and indicators in Germany are also pointing to a gradual end to the slowdown. In Austria, the economy grew moderately in the third quarter, but economic momentum remained constant. However, the prospects for the economy are mixed and the recovery on the labour market is already coming to an end. Inflation continued to slow.