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Record Austrian consumer confidence.

Publication: Market Europe
Publication Date: 01-JUL-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Part of Austria's success-which is currently increasingly evident-has to do with the country's location. Austria is almost a junction between the new European Union (EU) members (the former Soviet block entities) and the established markets of the euro zone.

Austria's consumers can take some credit as well. "Private consumption is picking up," says a review of the economy published in the Austrian Economic Quarter with a Second Quarter 2007 cover date. The journal is published by the Austrian Economic Research Institute (Wifo), a Vienna based independent think tank.

Wifo estimates that Austrian...

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