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Austrian Economic Quarterly

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Stefan Schiman, Economy Improving at Modest Pace. Business Cycle Report of December 2013

Austrian Economic Quarterly, 2013, 18(4), pp.218-225
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 Bank to cut its benchmark interest rate.
 
Online since: 30.01.2014 0:00
Research group:Macroeconomics and European Economic Policy
Language:English

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