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Austria: Economic recovery with intensified structural change

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  • Oscar-Erich Kuntze

Abstract

In 2003 real GDP is likely to have expanded by ¾% in Austria. The unemployment rate increased to 4½% and consumer prices by 1.3%. In 2004 real GDP will increase by 1¾%. The unemployment rate will continue to average 4½%, and consumer prices will be around 1¼% above the level of the previous year. In 2005 the unemployment rate should fall to 4¼%, and prices will increase by around 1½%.

Suggested Citation

  • Oscar-Erich Kuntze, 2004. "Austria: Economic recovery with intensified structural change," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(06), pages 58-67, March.
    • Handle: RePEc:ces:ifosdt:v:57:y:2004:i:06:p:58-67
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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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