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Austrian Economic Quarterly


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

Austrian Economic Quarterly, 2013, 18(4), S.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 seit: 30.01.2014 0:00
Forschungsbereich:Makroökonomie und europäische Wirtschaftspolitik