Interest Rate in Austria

Austria Interest Rate | Economic News & Forecasts

Austria - Interest Rate

While Sebastian Kurz’s Austrian People’s party (ÖVP) entered coalition negotiations with the Greens in mid-November, the economy grew at a meager pace in the third quarter and likely remained on a weak footing in the fourth quarter. In Q3, the economy expanded at the joint-softest pace since Q1 2015 due to weaker private consumption and fixed investment. More positively, public consumption growth accelerated, while the external sector continued to support economic growth as exports outpaced imports. Turning to Q4, the manufacturing PMI showed that the sector remained in contraction in October—likely owing to weakness in Germany’s industrial sector—while business confidence moderated markedly in the same month. Moreover, consumer sentiment remained entrenched in pessimistic territory in October as households’ views on the economic situation in the year ahead remained downbeat.

Austria - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)-     -     -     -     -     

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Austria Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Austria Facts

Bond Yield-0.090.40 %Nov 21
Exchange Rate1.110.65 %Nov 21
Stock Market3,148-1.00 %Nov 21

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