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The UniCredit Bank Austria Business Indicator provides an overview of the current economic situation in Austria.

Further flattening of growth in Austria - but no crisis in sight

  • The UniCredit Bank Austria Business Indicator drops to 2.4 points in March - the lowest level since autumn 2016, despite good domestic performance
  • The export environment continues to deteriorate, but the mood of the domestic economy is showing signs of stabilisation after the slowdown in recent months
  • After the weakest start of the year in three years, economic growth will be noticeably lower than 2018 at 1.4 percent in 2019
  • The end of the US recovery is hampering the global economy and is putting an additional burden on growth prospects 2020: GDP growth in Austria is expected to rise by 1.3 percent
  • Inflation continues to exceed the euro zone's benchmark by 1.7 percent and 1.9 percent in 2019 and 2020 respectively


as of 15 April 2019.