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Austria Economic Sentiment April 2024

Austria: Economic sentiment rises to one-year high in April

Economic sentiment rose to 90.9 in April from March’s 87.2. April’s result marked the strongest sentiment since April 2023. That said, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.

The headline print reflected healthier sentiment in the industrial, retail and construction sectors as well as among consumers. On the flipside, confidence in the services sector waned in April.

Considering indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index improved in April.

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