FOREX TradingCharts.com

Financial News: Austria Economic Growth Steady At 0.2% In Q3:

Austria Economic Growth Steady At 0.2% In Q3: WIFO

10/30/2019 - 08:00:00 (RTTNews)

(RTTNews) - Austria's economy grew at a steady pace in the third quarter, underpinned by consumer demand and foreign trade, flash estimates from the Austrian Institute of Economic Research, or WIFO, showed on Wednesday.

Gross domestic product grew 0.2 percent from the previous quarter, when the economy expanded at the same pace after revision from 0.3 percent. Economists had expected 0.3 percent growth in the third quarter.

The Austrian economy had expanded 0.4 percent in the first quarter.

On a seasonally and working-day adjusted basis, GDP edged up 0.1 percent from the previous quarter.

Both consumer demand and foreign trade supported the weak growth, while the weakness in the industry and construction sectors continued, WIFO said. The momentum remained robust in the services sector.

Household consumption grew 0.2 percent quarterly, same as public consumption. Gross fixed capital formation growth slowed further to 0.2 percent.

Exports growth improved to 0.7 percent, while the increase in imports slowed to 0.6 percent.

On a year-on-year basis, GDP rose 1.5 percent in the third quarter after a 1.8 percent increase in the previous three months.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Bulgaria GDP Growth Retains Momentum In Q3 (02 hr(s), 40 min(s), 07 sec(s) ago)
(RTTNews) - Bulgaria's economic growth continued at a robust pace in the third quarter, suppor ...Full Story»

Poland GDP Growth Improves In Q3 (02 hr(s), 47 min(s), 07 sec(s) ago)
(RTTNews) - Poland's economy expanded at a faster rate in the third quarter, flash estimates f ...Full Story»

Slovakia Economic Growth Slows In Q3 (02 hr(s), 54 min(s), 07 sec(s) ago)
(RTTNews) - Slovakia's economic growth slowed in the third quarter, flash estimates from the s ...Full Story»

U.S. Producer Prices Rebound Along With Energy Prices (02 hr(s), 59 min(s), 07 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease in producer prices in the previous month, the L ...Full Story»

Portugal GDP Growth Stable At 1.9% (03 hr(s), 02 min(s), 07 sec(s) ago)
(RTTNews) - Portugal's economy grew at a stable rate in the third quarter, supported by privat ...Full Story»

Hungary Economic Growth Remains Solid In Q3 (03 hr(s), 11 min(s), 07 sec(s) ago)
(RTTNews) - Hungary's economy grew at a robust pace in the third quarter, supported by industr ...Full Story»

U.S. Weekly Jobless Claims Climb To Highest Level Since June (03 hr(s), 18 min(s), 07 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

Czech Economic Growth Slows In Q3 (03 hr(s), 21 min(s), 07 sec(s) ago)
(RTTNews) - The Czech economy expanded at a slower pace in the third quarter, preliminary estimate ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Bulgaria GDP Growth Retains Momentum In Q3

11/14/2019 - 09:45 AM (RTTNews)
(RTTNews) - Bulgaria's economic growth continued at a robust pace in the third quarter, suppor ...Full Story>>

Poland GDP Growth Improves In Q3

11/14/2019 - 09:38 AM (RTTNews)
(RTTNews) - Poland's economy expanded at a faster rate in the third quarter, flash estimates f ...Full Story>>

Slovakia Economic Growth Slows In Q3

11/14/2019 - 09:31 AM (RTTNews)
(RTTNews) - Slovakia's economic growth slowed in the third quarter, flash estimates from the s ...Full Story>>

U.S. Producer Prices Rebound Along With Energy Prices

11/14/2019 - 09:26 AM (RTTNews)
(RTTNews) - After reporting an unexpected decrease in producer prices in the previous month, the L ...Full Story>>

Portugal GDP Growth Stable At 1.9%

11/14/2019 - 09:23 AM (RTTNews)
(RTTNews) - Portugal's economy grew at a stable rate in the third quarter, supported by privat ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.