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2025-10-30 16:47:50
[Austria's Economy Grows 0.1% in Q3] ⑴ Preliminary data shows that Austria's economy grew by 0.1% quarter-on-quarter in the third quarter of 2025, revised from a previous contraction of 0.1%. ⑵ Household consumption growth slowed to 0.1%, while government spending grew by 0.2%, both weaker than in the second quarter. ⑶ Fixed investment contracted by 0.3%, net trade dragged down economic growth, with exports declining by 0.4% and imports stagnating. ⑷ The service sector supported production-side growth, with information, finance, and real estate growing by 0.3%, other business services by 0.2%, and public administration by 0.2%. ⑸ Manufacturing, energy, and utilities were largely flat, while construction continued to decline by 0.5%. ⑹ Trade, transportation, hotels, and retail remained weak, declining by 0.2%. ⑺ On an annualized basis, GDP grew by 0.6%, the fastest economic expansion since the first quarter of 2023.
