Austria's GDP is set to grow by 2.6 percent in 2006 and 2.1 percent in 2007. Exports, but also investment in machinery and equipment are stimulating business activity this year. The front-loading of purchases in Germany will have positive spill-over effects also in Austria in 2006. However, in 2007 the rise in the German VAT rate will have a dampening impact. Despite the jump in oil prices, headline inflation will remain moderate in 2006 and 2007. Employment is rising markedly, even the number of full-time jobs. Unemployment is declining in 2006, helped by a reinforcement of labour market policy measures; in 2007 it is set to rebound with the expected cuts in training measures.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Publisher Info
Article provided by WIFO in its journal Quarterly.
Volume (Year): 11 (2006) Issue (Month): 3 (July) Pages: 114-124 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF