Signs of Life of the Domestic Economy in the First Quarter
Summary by Salzburger Nachrichten
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The domestic economy recorded a minimal increase of 0.1 percent in the first quarter.
The domestic economy gave a sign of life in the first three months of the year. Compared to the fourth quarter of 2024, gross domestic product (GDP) rose by a minimum of 0.1 percent, showing data published by Statistik Austria on Friday. Compared to the first quarter of 2024, however, real GDP is 0.5 percent lower. Thus, economic performance is well below the previous peak of 2022.
·Salzburg, Austria
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