2023-08-09 18:10:14
Vienna – Austria’s economy, which has been stagnant since mid-2022, shrank in the second quarter of 2023, shows the current economic report of the economic research institute Wifo. The service sectors, construction and industry were particularly affected. “The lack of demand is now the most important obstacle to production,” says the author of the Wifo report, Christian Glocker. SPÖ, FPÖ and Neos blamed the government for the development. The WKÖ is alarmed.
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#Wifo #Austrian #economy #shrank #quarter #economic #policy
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