Macro - Country Economic Forecasts - Austria

Macro - Country Economic Forecasts - Austria

The Austrian economy slipped into a technical recession as GDP contracted by 0.8% q/q in Q2 and 0.6% in Q3. After projected flat growth in Q4, we now expect GDP to contract by 0.5% overall this year. Reflecting on gloomy early indicators and the absence of growth impulses, we forecast GDP growth of just 0.3% in 2024.

Austria: Weak L3 Data puts Austria into A technical recession
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Economic development
Structure of the economy
Balance of payments and Structure of trade

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