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Favorable outlook for the Austrian economy in 2011

Austria's Economy © photocase.com/apfelholz

© photocase.com/apfelholz

February 15, 2011

Economic growth remains solid

Austria continues to experience an improvement in economic conditions. There are stronger signs that the good performance of the Austrian economy will remain intact. Although expanding more slowly, exports will drive economic growth again in 2011. In addition, more balanced economic growth will be supported by slightly weaker consumption and a revival in investment activity. Economic growth will amount to some 2.0 per cent.

For detailed economic data on Austria, consult Bank Austria’s key economic indicators .

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