Global economic activity continues to weaken. The crisis acts as a drag on the euro area economy. A slowdown is noticeable
also in Asia's emerging markets. These developments dampen economic activity in Austria. Growth in the manufacturing industry
is slowing. But the construction and services sectors are still performing strongly. The situation in the labour market is
deteriorating. Inflation, by contrast, remains low.
Keywords:Business Cycle Report Austria
Forschungsbereich:Makroökonomie und öffentliche Finanzen