ECONOMIC SNAPSHOT FOR EUROZONE COUNTRIES IN 2019

Source: FocusEconomics

Austria: Economic growth should remain robust in 2019, although the pace of expansion is expected to moderate. Public and private consumption are likely to buttress the domestic economy, with households benefiting from a tight labor market and higher wages. On the other hand, labor shortages could limit economic growth and lingering global trade tensions pose a further downside risk. The economy is expected to grow 2.0% in 2019.