Austria's economy expanded more than initially estimated in the third quarter, the latest data from Statistics Austria showed on Thursday.
Gross domestic product rose 0.4 percent sequentially in the September quarter, after remaining stagnant in the previous quarter, revised down from a 0.1 percent decrease estimated earlier.
On the expenditure side, household consumption fell 0.3 percent, while government consumption continued to increase by 0.7 percent. Public expenditure had been recording consistently positive growth rates since the beginning of 2024.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.