A recent analysis released by Austria’s central bank indicates that Vienna, the nation’s capital, is expected to record the second-highest rise in real economic output among all federal states this year. n nDespite forecasts of only slight expansion following two years of stagnation, the bank noted that a full economic recovery has yet to take hold in 2025. n nBank economists project a 0.3% increase in real GDP for the current year. n nWhen comparing regional performance, Tyrol, known for its tourism sector, is anticipated to grow by 1.3%, outpacing Vienna’s projected 1.0% rise. n nThis suggests service-driven regions are currently outperforming others in economic momentum. n
— News Original —nAustrian Central Bank Projects Modest Economic Growth, With Service-Oriented Regions Leadingn nA recent analysis released by Austria’s central bank indicates that Vienna, the nation’s capital, is expected to record the second-highest rise in real economic output among all federal states this year. n nDespite forecasts of only slight expansion following two years of stagnation, the bank noted that a full economic recovery has yet to take hold in 2025. n nBank economists project a 0.3% increase in real GDP for the current year. n nWhen comparing regional performance, Tyrol, known for its tourism sector, is anticipated to grow by 1.3%, outpacing Vienna’s projected 1.0% rise. n nThis suggests service-driven regions are currently outperforming others in economic momentum.