Growth Accelerated in Austria at Start of the Year. Business Cycle Report of June 2016

Christian Glocker
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Christian Glocker: WIFO

WIFO Bulletin, 2016, vol. 21, issue 8, 73-79

Abstract: Austrian real gross domestic product increased by 0.5 percent quarter on quarter in the first quarter of 2016, according to WIFO's latest quarterly accounts (based on the trend-cycle component). Having grown at a robust pace last year, economic activity thus accelerated further. The growth spurt was mainly driven by domestic demand. Leading indicators are painting a continually improving picture, but the general sentiment remains subdued.

Keywords: Business; Cycle; Report (search for similar items in EconPapers)
Date: 2016
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