Consumption Boosting Economic Growth in Austria. Economic Outlook for 2016 and 2017

Stefan Ederer

in WIFO Economic Outlook from WIFO

Abstract: For the first time in four years, domestic consumption is becoming a main driver of economic growth. Next to the tax reform, which raises private household incomes, expenditure in support of refugees will give a boost to aggregate demand in 2016 and 2017. Annual GDP growth, projected at 1.7 percent respectively, is set to accelerate markedly from the last few years.

Keywords: WIFO; Economic; Outlook (search for similar items in EconPapers)
Date: 2015
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Journal Article: Consumption Boosting Economic Growth in Austria. Economic Outlook for 2016 and 2017 (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wkprog:58609

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