Macro - Country Economic Forecasts - Austria

Macro - Country Economic Forecasts - Austria

After data revisions to the flash release, Austrian GDP was flat in Q4 2023. We forecast Austria's GDP will grow by 0.3% this year as high-frequency indicators suggest momentum remains slow after a weak end to last year. Consumption contracted again in Q4 last year, shrinking by 0.2% q/q. Government consumption declined, while investments advanced by 0.9% after three consecutive quarters of contractions. Exports grew by 3.9% q/q, slightly more than the 3.5% q/q increase in imports.

Austria: Momentum remains low as GDP was flat in L4
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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