Macro - Country Economic Forecasts - Austria
Description
National accounts revisions paint a slightly more benign picture of the Austrian economy despite two years of recession. We now project growth of 0.3% this year, up from 0.2% in our last forecast, but still see the path to a recovery as gradual. For next year, we anticipate growth of 0.7%, 0.1ppt lower than before due to reduced carryover.
Table of Contents
8 Pages
- Austria: Challenges persist in the path to recovery
- 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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