Exchange Rate in Austria

Austria Exchange Rate | Economic News & Forecasts

Austria - Exchange Rate

The economy lost puff in the second quarter due to sluggish fixed investment growth and a weaker expansion in exports, against a backdrop of easing momentum in the rest of the EU. More positively, private consumption growth was robust, likely supported by a strong labor market as reflected by the unemployment rate falling to a multi-year low in the period. Data for the third quarter points to continued mixed dynamics. On the one hand, low unemployment and solid wage gains should be supporting private spending—despite muted consumer sentiment. However, the manufacturing PMI declined for the eighth straight month in July and is now well in contractionary territory. This suggests the industrial sector remains depressed amid a more challenging external environment and weaker EU demand for vehicles.

Austria - Exchange Rate Data

2013  2014  2015  2016  2017  
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

Bond Yield-0.410.40 %Sep 04
Exchange Rate1.100.65 %Sep 04
Stock Market2,908-1.00 %Sep 04

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