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FX.co ★ Austria GDP Returns to Growth in Q3

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typeContent_19130:::2026-10-30T08:05:34

Austria GDP Returns to Growth in Q3

Austria’s economy grew by 0.2% quarter-on-quarter in Q3 2026, rebounding from a 0.1% contraction in Q2, according to preliminary estimates from WIFO. The upturn was driven by modestly positive contributions from investment and foreign trade. Private consumption was unchanged, following a 0.1% decline in Q2, while government spending fell by 0.2%, matching the contraction of the previous quarter. Gross fixed capital formation rose 0.2%, slowing from 0.6% growth in Q2. Net trade contributed positively to growth, as exports increased 0.3% (down from 1.5% in Q2) and imports decreased 0.2% (after a 0.5% rise previously). On the production side, industrial activity remained weak, with value added almost flat, and construction output declining by 0.2%. Trade, transport, accommodation and food services expanded by 0.2%, while information and communication services, along with financial, insurance and real estate activities, recorded a stronger 0.9% increase. Year-on-year, GDP grew by 0.6%, easing from an upwardly revised 0.8% in Q2.

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