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Acceleration of Export-Based Growth. Economic Outlook for 1997 and 1998

Author

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  • Markus Marterbauer

    (WIFO)

Abstract

The economic recovery in Austria is projected to gain momentum in 1998 and 1999. With economic activity in Austria again expanding at the same rate as in the EU, growth is expected to accelerate to 2¾ percent and 3 percent in real terms. The gradual strengthening of domestic demand will relieve the labor market as well as the budgets of the public sector, but inflation will remain subdued.

Suggested Citation

  • Markus Marterbauer, 1998. "Acceleration of Export-Based Growth. Economic Outlook for 1997 and 1998," WIFO Monatsberichte (monthly reports), WIFO, vol. 71(1), pages 13-14, January.
  • Handle: RePEc:wfo:monber:y:1998:i:1:p:13-14
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