Austria has more economic growth this year. Experts from WIFO and IHS show new numbers. The economy grows by 0.9 percent. This is good news.
Energy prices go down. Oil and petrol are cheaper after the war in Iran. This helps the factories and the trade. Companies sell more products now.
Prices for goods go up more slowly. Experts call this Inflation. Next year the inflation is about 2.4 percent.
The job market has problems. More people have no work this year. The number of jobless people is 7.5 percent. This number goes down in the year 2027.
The state spends more money than it earns. This is called a Budget-Defizit. The deficit is 4 percent of the Brutto-Inland-Produkt.
Austria breaks the rules of the EU. The EU allows only 3 percent deficit. The debts of the state go up until 2027.
