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Growth Prospects for Austria Are Weakening - Economic Outlook for Austria from 2007 to 2009 (December 2007)

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Author Info
Christian Ragacs () (Oesterreichische Nationalbank)
Klaus Vondra () (Oesterreichische Nationalbank)

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Abstract

In its economic outlook for Austria of December 2007, the Oesterreichische Nationalbank (OeNB) expects Austria’s real GDP to increase by 3.3% in 2007. In 2008 and 2009, real GDP will grow by 2.5% and 2.3%, respectively. The rate of inflation will rise to 2.1% in 2007 and increase further to 2.4% in 2008 and will decrease again to 1.8% in 2009. Employment growth will remain strong, and the unemployment rate will decrease to 4.2% in 2008. JEL classification: JC5, E17

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File URL: http://www.oenb.at/en/img/prognose_mop_4_07_tcm16-80411.pdf
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Publisher Info
Article provided by Oesterreichische Nationalbank (Austrian Central Bank) in its journal Monetary Policy and the Economy.

Volume (Year): (2007)
Issue (Month): 4 (February 2008)
Pages: 1-28
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:onb:oenbmp:y:2007:i:4:b:1

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Postal: P.O. Box 61, A-1011 Vienna, Austria
Phone: +43/1/404 20 7405
Fax: +43/1/404 20 7499
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Web page: http://www.oenb.at
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Postal: Oesterreichische Nationalbank, Documentation Management and Communications Services, Otto-Wagner Platz 3, A-1090 Vienna, Austria
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Related research
Keywords: forecast; Austria.;

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This page was last updated on 2009-11-16.

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