Exchange Rate in Austria

Austria Exchange Rate | Economic News & Forecasts

Austria - Exchange Rate

The economy rebounded strongly in the second quarter, on a bounce-back in private consumption amid the relaxation of Covid-19 restrictions. Growth in capital expenditure remained healthy despite slowing, suggesting that firms retained a cautiously optimistic view, while softer restrictions abroad propelled exports of goods and services. Turning to Q3, the manufacturing PMI remained firmly in expansionary territory in July, with output and new orders growing healthily. That said, supply-side constraints will likely cap productivity in the quarter, particularly in the automotive sector. Meanwhile, consumer sentiment logged an over two-year high in July, which, coupled with the lowest unemployment rate since November last year, bodes well for household spending. Less positively, a recent rapid rise in Covid-19-related hospitalizations could lead to tighter restrictions ahead.

Austria - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)1.00  1.00  1.00  1.00  1.00  

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Austria Exchange Rate Chart

Austria Exchange Rate
Note: U.S. dollar (USD) per euro.
Source: Thomson Reuters.

Austria Facts

Value Change Date
Bond Yield0.030.40 %Jan 01
Exchange Rate1.120.65 %Dec 31

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