Economy Stabilising after Slight Dip in Growth at the End of 2011
Austria's gross domestic product contracted at a quarter-on-quarter rate of 0.1 percent in real terms in the fourth quarter of 2011. The decline was dampened by gross investment and the persistent stability in private consumption. Industrial production declined markedly in December. Economic activity strengthened at the beginning of 2012, however, and a growing amount of evidence now points to an upward trend. Inflation continues to recede. The situation on the labour market was characterised by a weather-related increase in unemployment.
Volume (Year): 85 (2012)
Issue (Month): 3 (March)
|Contact details of provider:|| Postal: Arsenal Object 20, A-1030 Wien|
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
|Order Information:|| Postal: Austrian Institute of Economic Research Publikationsverkauf und Abonnentenbetreuung Arsenal, Objekt 20 A-1030 Vienna/Austria|
When requesting a correction, please mention this item's handle: RePEc:wfo:monber:y:2012:i:3:p:151-161. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz)
If references are entirely missing, you can add them using this form.