2024/07/30 / Erste Group Research |
AT: Economy stagnates The Austrian Institute of Economic Research (WIFO) today published its flash estimate of Austrian economic output in 2Q24. According to the institute, Austrian GDP (+0.0%) stagnated y/y and was flat compared to 1Q (+0.0%). This is the first sign of y/y stabilization after four quarters of economic decline. On a quarterly basis, 2Q24 marks the third consecutive quarter in which the economy has not contracted. |
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Author | Erste Group Research |
Date | 2024/07/30 |
Language | ![]() |
Product name | Short Notes Major Markets |
Topic in focus | Macro/ Fixed income |
Economy in focus | Austria |
Currency in focus | Euro |
Sector in focus | - |
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