Recession Watch (user search)
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Author Topic: Recession Watch  (Read 1304 times)
Tender Branson
Mark Warner 08
Atlas Institution
*****
Posts: 58,195
Austria


Political Matrix
E: -6.06, S: -4.84
« on: August 15, 2008, 07:45:48 AM »

Not so in Austria (yet).

GDP is up 0.4% compared with the last quarter and up 2% with 1 year ago. Registered unemployment is down once again by 3.6% compared with 1 year ago while the unemployment rate is steady at about 4%. Still, inflation is rather high at 3.8%, but sinking. Exports are up 5% compared with 1 year ago. The current account surplus is expected to hit 4% of the GDP and the budget is about even.
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