GDP grew at a seasonally and working day adjusted rate of 0.2 percent in the third quarter, compared with the previous quarter. Hence the upturn set in at only a modest pace. In the EU countries, economic activity remains sluggish and uneven. Weak price dynamics prompted the European Central...

Economic output stagnated in the USA in the first quarter of 2014, while the upturn continued in the UK, and economic activity gathered steam in Spain. The increase in the value added tax rate in Japan was preceded by extensive household purchases in anticipation of that increase. China's...

The US economy overcame the slowdown registered at the beginning of the year in the second quarter of 2014. The high unemployment rates in some EU countries have declined slightly recently. The UK experienced continuing expansion in the second quarter of 2014, and Spain saw the upswing gain...

World trade growth did not accelerate further as expected in the first half of 2014, but slackened again. The reason for this development lies in the weak import demand of many emerging market economies, a consequence of the capital flight following the announced trend reversal of US monetary...

Austria's economy stagnated yet again in the first quarter of 2013, with neither external nor domestic demand providing stimulus. Inflation receded recently, while the seasonally adjusted unemployment rate remained consistently high at 7.5 percent. Global economic developments are highly uneven:...

Persistently weak demand in advanced economies increasingly dampens economic activity in emerging market economies. Contrary to preliminary calculations, Austrian GDP did not decline but rise slightly in the third quarter. While economic activity is set to remain subdued in the coming months,...

As expected, weak global demand, especially in advanced economies, dampens world trade and production. Confidence indicators continue their downward trend or remain at low levels. Austrian companies expect production to stagnate and employment to decline.

Economic activity lost momentum globally and especially in the euro area over the course of 2011. In the euro area, economic indicators point to persistent stagnation in the first half of 2012. This development is also weighing on the Austrian economy. However, signs are also emerging that it...

The global economic environment continues to weaken. Notably the euro crisis has been contributing to heightened uncertainty. This is having a noticeable effect on economic activity in Austria.

Underpinned by expansionary economic policy, global economic activity has stabilised, with world trade expanding vigorously since the summer. In Austria, real GDP grew at a seasonally adjusted quarter-on-quarter rate of 0.9 percent in the third quarter, according to provisional calculations....