
Macro - Country Economic Forecasts - Austria
Description
Austria's economy grew by 0.1% q/q in Q2, according to a flash estimate. This was marginally higher than our expectation of no expansion but does not change our outlook for this year, so we continue to project a 0.1% GDP increase in 2025. The details showed that private consumption supported growth, while net trade dragged. While this is in line with our forecast, we remain cautious about these estimates given the preliminary nature of the flash estimate.
Table of Contents
9 Pages
- Austria: Trade deal does not lift our near-term growth outlook
- 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
- Alternative long-run scenarios
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Policy
- Politics
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