logo



[email protected]

GDP Increased in the Second Quarter

5-09-2025, 09:47

The gross domestic product climbed by 0.3 percent in real terms in the second quarter compared to the first three months of the year.

The domestic economic output increased by 0.3 percent in real terms in the 2nd quarter of 2025 compared to the 1st quarter. However, compared to the 2nd quarter of 2024, the real GDP was still 0.1 percent lower, as reported by Statistics Austria on Friday. The recovery course that began at the start of the year continued, but due to restrained dynamics in individual sectors as well as in consumption and foreign trade, it cannot yet be described as a stable growth phase.

Industry with Plus, Construction with Minus

Significant impulses once again came from the industry (manufacturing of goods including mining, energy, and water supply) with a plus of 1.0 percent compared to the previous quarter, as well as from business-related services (+0.5 percent) and public administration, education, and health (+0.6 percent). Declines were recorded in accommodation and gastronomy (-1.2 percent), transport (-1.4 percent), and construction (-0.4 percent).

(APA/Red)

This article has been automatically translated, read the original article .

Nachrichtenquelle


© 2017-2024 wienpress.at [email protected]