Bloomberg News

Austrian Economic Growth Slows to 0.3 Percent in Third Quarter

November 15, 2011

Nov. 15 (Bloomberg) -- Austria’s economic growth slowed to 0.3 percent in the third quarter, the Vienna-based Wifo economic research institute said today.

Gross domestic product, the value of all services and goods, had grown 0.5 percent in the second quarter and and 0.9 percent in the first, according to Wifo. Compared with a year earlier, the economy expanded 2.6 percent.

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