Austria's economy stagnated in the first quarter of 2013 as uncertainty dampened private consumption, the WIFO research institute said on Monday, confirming its preliminary estimate.
Gross domestic product fell 0.7 per cent year on year, it said in a statement.
Exports of good and services rose 0.2 per cent quarter on quarter, compared with a 0.2 per cent rise in the three months to end-December, according to WIFO, which prepares the data on behalf of the government.
Read more: Austrian economy stagnated in first quarter - Economic Times
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