Austria's Economy on a Stable Growth Path

  • Fritz Schebeck

Austria's economy is expected to grow by 3 percent per year on average during the period from 1991 to 1996. Dependent employment is forecast to rise by 1.2 percent. Consumer prices are likely to increase by 3.2 percent per year. The current account will be balanced. If the consolidation of the budget continues, net borrowing by the federal government will decline.