Press release: 12.098-164/19 Vienna, 2019-09-25 - The Austrian economy expanded by 2.4% in 2018, according to latest estimates by Statistics Austria. Hence, the growth rate is below the preliminary estimates, however, the economy increased significantly for the third time in a row (2016: +2.1%; 2017: +2.5%). With regard to the information so far available, real GDP growth was 2.0% in the European Union and, thus, fell short of the Austrian growth rate. The economic growth for Germany (+1.5%) and Italy (+0.9%), Austria`s most important trading partners in the EU, was also lacking behind (Eurostat database, September 2019). Austrian GDP at current prices amounted to approximately 385.7 bn...
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