Business Cycle is Waning. Business Cycle Report of September 2019

Stefan Ederer

WIFO Bulletin, 2019, vol. 24, issue 10, 83-89

Abstract: The weakness of the global economy is dampening the Austrian business cycle. Export growth slowed noticeably in the second quarter, and GDP growth eased to +0.3 percent compared to the previous quarter. Private household consumption, however, continued to increase and supported overall growth. The prospects for the Austrian economy stabilised recently. According to the WIFO-Konjunkturtest (business cycle survey), company assessments brightened somewhat in August, especially in the manufacturing sector. The recovery on the labour market is coming to a halt, the seasonally adjusted unemployment rate stagnated in August. The inflation rate fell slightly to 1.4 percent in July.

Keywords: Business; Cycle; Report (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/62087 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:2019:i:10:p:83-89

Access Statistics for this article

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