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Austrian GDP Recovers 0.2%

Por: RTTNews Business January 30, 2024

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The Austrian came out of a technical recession in the fourth quarter amid signs of resilience in the industrial sector, a flash estimate from the WIFO economic institute showed Tuesday.Gross domestic product increased 0.2 percent from the third quarter, when it was down 0.5 percent. A rise in the fourth quarter was followed by a decline in the following two quarters.On the production side, the industrial economy recovered somewhat by 0.4 percent... + full article



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