World Trade Weak Again at Start of 2015. Business Cycle Report of May 2015

Stefan Schiman

WIFO Bulletin, 2015, vol. 20, issue 10, 115-122

Abstract: The weakness of the Chinese economy, the marked appreciation of the dollar and the sharp fall in activity in Russia dampened world trade growth at the beginning of the year. The EU economy is currently benefiting from the recovery in some euro area periphery countries, the expansion of domestic demand in Germany, and the pick-up in industrial production in Eastern Europe. The improvement in the terms-of-trade on account of the fall in crude oil prices stimulated Austrian imports. While this depressed net exports, domestic demand increased to the same extent. The decline in investment eased somewhat. Real GDP barely expanded, and the unemployment rate increased further.

Keywords: Business; Cycle; Report (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/58189 abstract (text/html)
Payment required

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:wblltn:y:2015:i:10:p:115-122

Access Statistics for this article

More articles in WIFO Bulletin from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().