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International Economic Activity Abating from Strong Growth in 2018. Economic Outlook for 2018 and 2019

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  • Marcus Scheiblecker

Abstract

Leading indicators still point to favourable cyclical conditions in Austria until the end of 2018. GDP growth for the year as a whole is set to reach 3 percent. Currency crises in some emerging market countries, lack of clarity about the further course of US trade policy, and uncertainty surrounding the terms of Brexit increasingly strain international trade and with it business activity in highly export-oriented economies. These factors will dampen GDP growth also in Austria, which is expected to receed to 2 percent in 2019.

Suggested Citation

  • Marcus Scheiblecker, 2018. "International Economic Activity Abating from Strong Growth in 2018. Economic Outlook for 2018 and 2019," WIFO Bulletin, WIFO, vol. 23(13), pages 117-130, October.
    • Handle: RePEc:wfo:wblltn:y:2018:i:13:p:117-130
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