The Vienna-based think tank added that GDP grew by 1.8%
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Austria's economy shrank by 0.1% the third quarter from the previous quarter, think tank Wifo said on Friday, saying a downturn in the international economy caused domestic exports to shrink.
Wifo said the slowdown in export demand was reflected in a decline in domestic production of tangible goods.
The Vienna-based think tank added that GDP grew by 1.8% when compared to the prior-year period. (Reporting by Ozan Ergenay in Gdansk; Editing by Maria Sheahan)
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