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Crisis in the Euro Area Delays Cyclical Upturn in Austria. Economic Outlook for 2013 and 2014

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  • Stefan Schiman

Abstract

The recovery in the euro area suggested by several leading indicators early this year has so far not set in. Hence, demand and output in Austria disappointed in the first quarter of 2013. For the second half of the year, WIFO expects a gradual pick-up, leaving GDP growth for the whole year at a modest 0.4 percent, before strengthening to a rate of +1.6 percent in 2014.

Suggested Citation

  • Stefan Schiman, 2013. "Crisis in the Euro Area Delays Cyclical Upturn in Austria. Economic Outlook for 2013 and 2014," WIFO Economic Outlook, WIFO, number 46868, November.
    • Handle: RePEc:wfo:wkprog:46868
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    Keywords

    WIFO Economic Outlook;

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