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29.03.2011
Real Invest Austria hopes to achieve continued success in 2011
Real Invest Austria real estate fund has over EUR 1.5 billion under management
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30.12.2010
Bank Austria Purchasing Managers’ Index for December:
Reason to celebrate for Austrian industry as New Year’s approaches
Austrian manufacturing is ending 2010 on a very strong note.
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17.12.2010
Bank Austria Business Indicator:
Economy moves smoothly into the New Year
It is over three years since Austria’s economic players have assessed the situation as positively as they have today.
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10.12.2010
UniCredit Private Banking Asset Allocation and outlook for Q1 2011: slightly more risk in the portfolio is possible
The crisis year 2008 was followed by a strong recovery in equity markets in 2009. An assessment of 2010 presents a differentiated picture.
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29.11.2010
Bank Austria Purchasing Managers’ Index for November:
Industry remains on growth course
The favourable trend in industrial activity continues. "Although the Bank Austria Purchasing Managers’ Index fell slightly in November from 56 points in the previous month to 55.2 points, Austrian industry continues to grow at an above-average pace," said Stefan Bruckbauer, chief economist at Bank Austria.
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17.11.2010
Equity Research Austria Outlook for 2011:
Vienna Stock Exchange to continue trending sideward next year
Although the ATX has put in a positive performance in the past 11 months, outperforming many international indices such as the Eurostoxx 50 or the Nikkei, it still has a long way to go until it returns to its pre-crisis level.
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15.11.2010
Bank Austria Business Indicator:
Economic growth in 2011 expected to be slightly above 2010 at two per cent
"The Bank Austria Business Indicator increased to 4.2 points in November, the highest for over three years", said Stefan Bruckbauer, chief economist at Bank Austria.
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12.11.2010
Sector Report by Bank Austria Volkswirtschaft:
Mechanical engineering returns to high of growth
The Austrian mechanical engineering sector had to face huge losses in the year of recession in 2009. Output capacity declined by 22 per cent, revenue dropped by 24 per cent to EUR14.7bn.
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28.10.2010
Bank Austria Purchasing Managers' Index for October:
Austrian industry on its way towards a strong winter
"Following the positive developments in order intake in the previous months, Austrian industry saw strong increases in staff levels and production in October. Although the number of new orders continues to rise, its growth has slowed somewhat. The same is true of orders on hand, and the significant rises in input costs continue to hamper domestic companies," said Stefan Bruckbauer, the chief economist at Bank Austria, outlining the current trends in Austria's processing industry.
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29.09.2010
Bank Austria Purchasing Managers' index in September:
Austria's industry still full of energy
The Austrian industry is starting autumn which much force.
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15.09.2010
Bank Austria Business Indicator:
Recovery to remain strong until the end of 2010, but momentum is slowing
The strong recovery of the Austrian economy is continuing. "The Bank Austria Business Indicator increased once again in August, hitting a value of 3.3, the highest level seen in two and half years," said Stefan Bruckbauer, chief economist at Bank Austria. "The rebound of the global economy has reached Austria. In addition, it appears that we can still look forward to several more strong months following the particularly upbeat second quarter of 2010."
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30.08.2010
Bank Austria Purchasing Managers' Index for August:
Austrian industry loses momentum, but growth remains robust
In a turnaround from last year's economic crisis, Austrian industry has posted unusually strong growth over the past six months. However, the support coming from increased global demand as a result of the inventory cycle is now starting to weaken and is hampering the expansion trend.
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13.08.2010
Bank Austria Business Indicator:
Stronger growth for Austria's economy in 2010, less momentum in 2011
The Austrian economy is in considerably better shape at the midway point of 2010. "After the strong economic data for the second quarter of 2010 allowed us to all but forget about the symptoms of the economic crisis, the current Bank Austria Business Indicator promises a continuation of the healing process in Austria.
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12.08.2010
Sector Report from Bank Austria Economics:Chemicals industry regains stability following crisis year
Without a doubt, 2009 was one of the worst financial years in the history of the Austrian chemicals industry. Production decreased by 11 per cent and sales declined by 17 per cent to EUR 6.4 billion. However, these figures show that, in comparison to other export-intensive sectors, the chemicals industry actually got off lightly.
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29.07.2010
Bank Austria Purchasing Managers' Index in July:
Austria's industrial production lagging behind demand
Austria's industry is maintaining the momentum it gained in April through the summer. Austria's industry has been enjoying an upswing for nearly a year now. This spring brought a new jump in growth, and the summer a new record high.
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13.07.2010
Bank Austria economic indicator:
Following good growth over the summer, there are signs of a slowdown, although a "double-dip" recession is not expected
The Austrian economy continues on its bumpy path out of the economic crisis. Following a slight fall in the previous month, the Bank Austria economic indicator, which has risen once again, demonstrates the volatility of the economic climate with the achievement of a value of 2.3 in June.
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29.06.2010
Bank Austria Purchasing Managers' Index in June:
Austrian industry starts the summer with strong growth
After falling slightly in May, the Bank Austria Purchasing Managers' Index has returned to 59.0 in June. After April 2010 this is the second-highest level in the more than ten years since the Purchase Managers' Index was first launched. Stefan Bruckbauer, Chief Economist of Bank Austria, summarises the current situation in Austrian manufacturing: "Austrian industry will start the summer with the same high momentum which it began pursuing in April."
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15.06.2010
Bank Austria Business Indicator:
Peak of recovery speed is over
In spite of the weak GDP figures in the first quarter with a slight decline of 0.1 per cent as compared to the previous quarter, the Austrian economy is largely still experiencing a stable recovery trend.
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04.06.2010
UniCredit Private Banking Asset Allocation June 2010:
This May was anything but a walk in the park for the world's stock markets. From the debt crisis in Europe to the oil leak in the Gulf of Mexico and 6 May's mysterious "flash crash" on the New York Stock Exchange that caused the most severe price losses in 20 years, the list of problems plaguing the market is long indeed. The US exchanges in particular suffered marked losses over the month, and the Dow Jones saw its weakest May since 1940.
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28.05.2010
Bank Austria Purchasing Managers' Index in May:
Austria's industry still feels strong upturn
Austria's industry is expanding again. "The favourable development of incoming orders supports the ongoing production expansion by industrial enterprises. The strong rise in input cost is a burden but an increase in jobs and inventories indicate an increase in confidence in the sustainability of recovery", Bank Austria chief economist Stefan Bruckbauer describes the current situation in Austria's manufacturing industry.
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19.05.2010
Interest and Currency Outlook for Q2 2010:
Euro turbulence delays key rate hikes by ECB
According to UniCredit Group's current estimates, the massive turbulence surrounding the euro will have no direct negative effects on the economic recovery. Instead, the upward revisions in the various growth forecasts should continue, although economic growth will vary considerably from region to region.
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17.05.2010
Sectoral Report of Bank Austria Economics Department:
Plastics processing slow to pick up pace in 2010
The processing of plastics in Austria was hit hard by the recession year of 2009. Production plummeted by 10 percent and sector sales revenue plunged by 12.6 percent to EUR 5.5 billion.
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14.05.2010
Bank Austria Business Indicator:
Significant growth spurt on the cards in Q2
In April the Bank Austria Business Indicator rose strongly from 1.0 in the previous month to 2.2. This is its highest reading for two years.
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29.04.2010
Bank Austria Purchasing Managers' Index in April:
Austrian industry exits the crisis at full speed
Austria's domestic industry is now fully caught up in the global recovery. "The record growth in incoming orders is significantly bolstering the order books, with the result that production output is expanding rapidly. New jobs are being created in Austrian industry once again for the first time since the start of the crisis.
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26.04.2010
Bank Austria analysis:
Greece only part of the imbalance in the euro zone
A current Bank Austria analysis shows that the problem associated with Greece is just a peak in an imbalance in the euro zone which has developed over the years. "Some consume too much, others too little. Both have blithely continued, until the day of reckoning came", is how Stefan Bruckbauer, Bank Austria's Chief Economist, sums it up.
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23.04.2010
Sectoral Analysis by the Bank Austria Economics Department:
Enthusiasm for Travel Recovers Only Slightly in 2010
After four years of strong growth, the success story of Austrian tourism came to an end in 2009. In a year dominated by recession, weak, and in some cases, falling consumer demand, reduced willingness to travel in almost all important source markets. This is one of the main conclusions of the latest sectoral analysis by the Bank Austria Economics Department. Despite this, Austrian tourism reported a satisfactory result in an international comparison with demand falling by just under 1 percent and receipts by approximately 3 percent to EUR 22 billion. In fact, Austria was actually able to win back shares of the global tourist flow.
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15.04.2010
Bank Austria Business Indicator:
Recovery more robust but is currently not gaining in dynamics
The recovery of Austria’s economy continues and is increasingly becoming stable.
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08.04.2010
How did Austria's provinces come through the crisis?
Austria's economy was hit by the worst downturn since World War II in 2009. The country is now on the road to recovery, but the effects of the recession are still apparent. To take stock of the situation, Bank Austria Economics has prepared an analysis of how the country's individual regions came through this crisis.
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30.03.2010
Bank Austria Purchasing Managers' Index in March:
Austrian industry gradually emerges from the crisis
The recovery of Austrian industry is gaining in strength and stability supported by the more favourable global environment. "The sustained improvement in the orders situation is currently leading to an unexpectedly dynamic increase in production output in industry.
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23.03.2010
Holiday Euro Spring 2010:
Holiday euro worth less than a year ago, particularly overseas
"The value of the holiday euro has decreased significantly compared to last year, particularly in far-off destinations," said Stefan Bruckbauer, chief economist at Bank Austria, summing up the most recent calculation of the holiday euro. This is due to the considerable appreciation of many currencies since the spring of 2009.
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15.03.2010
Bank Austria Economic Indicator:
Economic recovery continues in spring
Positive economic signals have increased in the past few weeks. "Current data indicates that the recovery of Austria's economy is more stable at the beginning of spring and will be able to keep the current speed", says Bank Austria's chief economist Stefan Bruckbauer.
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25.02.2010
Bank Austria Purchasing Managers' Index for February:
Surprisingly robust signals from Austria's industry
"Austria's industry sent surprisingly strong signals in February," said Helmut Bernkopf, the member of Bank Austria's Management Board responsible for Corporate & Investment Banking, summarising the results of the current Purchasing Managers' Survey. Austria's industrial firms are profiting more and more from the recovery of the global economy.
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15.02.2010
Bank Austria Business Indicator:
Stable recovery, but growth close to stagnation in 2010
“The recovery of the Austrian economy is becoming more stable, but progress is moderate,” according to Bank Austria’s chief economist, Stefan Bruckbauer. The general conditions improved slightly at the turn of the year.
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05.02.2010
UniCredit Group is still positive on the Austrian Stock Market
UniCredit Group maintains a positive outlook for the Austrian equity market in the first months of the year and foresees a 10% increase of the ATX this year. Some reasons for caution still persist in the overall macro-economic scenario; therefore UniCredit Group suggests picking selected stocks and keeping a close look at the macro-economic indicators this year.
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28.01.2010
Bank Austria Purchasing Managers' Index for January:
Increasingly solid recovery for Austrian industry
In January, the Bank Austria Purchasing Managers' Index (PMI) increased from 50.8 to 51.8 points. "Austrian industry is looking stronger again at the beginning of this year, as the recovery in this sector is moving ahead, step-by-step," said Bank Austria chief economist Stefan Bruckbauer. For the last one-half year, the indicator has been hovering around the growth threshold of 50 points.
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15.01.2010
Bank Austria Business Indicator:
Ringing in the new year with mixed recovery signals
Austria has seen further improvements in economic conditions since the beginning of the new year. "Thanks to the continuing upswing in sentiment in industry and among consumers, the Bank Austria Business Indicator closed the year at a value of 0.2. Following a constant upward trend since April 2009, the Indicator has now entered positive territory for the first time in 14 months," explained Stefan Bruckbauer, chief economist at Bank Austria. "The economy is getting warmed up, and things have started to gather speed again in Austria."
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14.01.2010
Sectoral analysis by the Bank Austria Economics Department:
Austrian retail industry supported economic development in 2009
In 2009, the year of the crisis, the domestic retail industry was able to increase its sales by 1.2 per cent nominally, thereby making a positive contribution to the economic development, as revealed by the latest sector analysis carried out by the Bank Austria Economics Department.
