GKI-Erste index falling

The recently published medium-term forecast of GKI reveals, among others, that following an average annual decrease of 1.6 per cent in the 2008-2010 crisis period, GDP will return to the level of the previous three years in 2011-2013, and it will even slightly exceed it with its annual 2.9 per rate. This increase is essentially driven by export sales. The weakness of domestic demand entails negative changes in the economic structure and a decline in services.

You can download the analysis from here.