Forecast of the Austrian Economy 2018 – 2019

Economic cycle hits its peak

Driven by the broad-based global economic boom, the domestic economy should continue its vigorous expansion. In 2018 and 2019, the Austrian economy is expected to grow by 2.8% and 1.9%, respectively. While the investment cycle slows noticeably, exports and private consumption are supporting the upswing. It is recommended that the current period of high growth is used to achieve a sustainable budgetary stance and to implement urgently needed structural reforms.
Links:
Press information of March 16, 2018 (pdf - long version in German only)
Press information (pdf - short version in English)
Presentation (pdf - in German only)
Economic Forecast