Consumption Boosting Economic Growth in Austria. Economic Outlook for 2016 and 2017
For the first time in four years, domestic consumption is becoming a main driver of economic growth. Next to the tax reform, which raises private household incomes, expenditure in support of refugees will give a boost to aggregate demand in 2016 and 2017. Annual GDP growth, projected at 1.7 percent...Link(s) zu Dokument(en): | WIFO Publikation |
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Veröffentlicht in: | WIFO Economic Outlook |
1. Verfasser: | |
Format: | book |
Sprache: | Englisch |
Veröffentlicht: |
2015
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Schlagworte: |
Zusammenfassung: | For the first time in four years, domestic consumption is becoming a main driver of economic growth. Next to the tax reform, which raises private household incomes, expenditure in support of refugees will give a boost to aggregate demand in 2016 and 2017. Annual GDP growth, projected at 1.7 percent respectively, is set to accelerate markedly from the last few years. |
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