PHOTO
People with protective masks walk past Graben shopping street as the coronavirus disease (COVID-19) pandemic continues in Vienna, Austria, October 19, 2020. Lisi Niesner, Reuters Image used for illustrative purpose.
Austria's economy is expected to return to moderate growth of 0.5% this year and then accelerate next year with growth of 1.8%, the country's OeNB national bank said on Wednesday.
The bank forecasts an inflation rate of 3.6% this year, which will then fall further in 2025 and 2026 to 2.7% and 2.3% respectively, added the bank. (Writing by Miranda Murray Editing by Madeline Chambers)