X PLICIT. Key Economic Indicators June A Member of HVB Group. Banking for success.

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1 Business Information X PLICIT Key Economic Indicators June 2005 Banking for success. A Member of HVB Group

2 ECONOMIC FORECASTS FOR AUSTRIA* Percentage change over previous year GDP (real) GDP (nominal) Private consumption Investment in machinery & equipment Investment in construction Exports of goods & services Imports of goods & services Consumer prices Public Sector: Budget (in % of GDP) Debt (in % of GDP) Unemployment rate in % (Eurostat) Unemployment rate preliminary figures 2 Bank Austria Creditanstalt forecast 3 based on 995 prices 4 national definition GROWTH OF REAL GDP IN AUSTRIA* Percentage change over previous year, calculated in accordance with ESA preliminary figures and 2006 Bank Austria Creditanstalt forecast

3 AUSTRIA S GROSS DOMESTIC PRODUCT (GDP)* In Euro billion. Gross value added (at current prices) Agriculture, forestry Mining, manufacturing Energy & water supply Construction Wholesale/retail Restaurants, hotels Transport, communication Finance, insurance Real estate and business services Government services Other service activities Taxes on products Subsidies on products Gross Domestic Product (nominal) In Euro billion. Expenditures (at current prices) Private consumption Public consumption Gross fixed capital formation Statistical discrepancy Total domestic demand plus exports of goods & services less imports of goods & services Gross Domestic Product (nominal) *Economic data are computed in accordance with the European System of Integrated Economic Accounts (ESA 95). rounding-off errors

4 AUSTRIA Annual or monthly averages, change over previous year Industrial Retail Exports production nominal Nov Dec Jan Feb TOURISM IN AUSTRIA Travel revenues and expenditures, in Euro million Revenues Expendit. Balance Overnight 2002,887 9,923,964 6, ,336 0,397,939 7, ,39 9,78 3,23 7, Qtr. 2,386, , Qtr. 3,935,338 2,597 39, Qtr. 2,667 2, ,56 3. Qtr. 3,535 4, ,74 4. Qtr. 2,253, ,32 overnight stays (Austrians and foreigners) in thousand AUSTRIA S LABOUR MARKET Annual average or end-of-month value, in thousand Employed Unemployed Joblessrate , % , % , % 2004 Dec. 3, % 2005 Jan. 3, % 2005 Feb. 3, % 2005 March 3, % 2005 April 3, % national definition, monthly figures seasonally adjusted

5 AUSTRIA S FOREIGN TRADE 2004 Imports: EUR billion Africa, Australia and Oceania.2% America 4.4% Asia 9.2 % Eastern Europe without EU members 3.8% EFTA and other European countries 4.3% Other EU 25 countries 3.9% New EU member states (CEE).0% Euro area 62.2% AUSTRIA S FOREIGN TRADE 2004 Exports: EUR 89.3 billion Africa, Australia and Oceania.9% America 7.7% Asia 6.5% Eastern Europe without EU members 6.% EFTA and other European countries 6.2% Other EU 25 countries 6.0% New EU member states (CEE) 2.6% Euro area 53.0%

6 REAL GROSS DOMESTIC PRODUCT Percentage change over previous year USA OECD Euro 2 Euro 25 Austria forecast 3-MONTH INTEREST RATES In percent, monthly averages Switzerland Japan GB USA Euro

7 CONSUMER PRICES Percentage change over previous year Euro 2 Japan Germany USA Austria measured against the HICPs BOND YIELDS (SECONDARY MARKET) In percent, 0-year government obligations Switzerland Japan Germany USA Austria

8 SHARE PRICE INDICES January, 2000 = ATX CECE (EUR) Euro Stoxx 50 Nikkei Dow Jones Industrial NASDAQ

9 NOMINAL GROSS DOMESTIC PRODUCT 2004 World EU 25 Euro Germ. Austria GDP region In Euro billion 32,497 0,23 7,557 2, Share in % of World GDP USA Japan China Russia Central& Eastern Europe in Euro billion 9,382 3,755, Share in % of World GDP new EU countries included REAL GROSS DOMESTIC PRODUCT Percentage change over previous year Austria Germ. Euro 2 USA Japan preliminary figures 2 Bank Austria Creditanstalt forecast, HVB CONSUMER PRICES Percentage change over previous year Austria Germ. Euro 2 USA Japan measured against the HICPs 2 Bank Austria Creditanstalt forecast, HVB

10 UNEMPLOYMENT RATES In percent, annual or monthly averages Austria Germ. Euro 2 USA Japan Qtr Qtr Qtr Qtr EU countries are computed pursuant to the Eurostat method 2 BA-CA forecast, HVB BUDGET DEFICIT/SURPLUS In percent of GDP Austria Germ. Euro 2 USA Japan preliminary figures 2 forecast CURRENT ACCOUNT BALANCES In percent of GDP Austria Germ. Euro 2 USA Japan preliminary figures 2 forecast

11 MEAN EXCHANGE RATE OF THE EURO In currency for one Euro, annual or monthly averages USD JPY GBP CHF SEK RUB Jan Feb March April PLN CZK SKK HUF SIT HRK Jan Feb March April Reference rates of the ECB, national statistics KEY INTEREST RATES Rate prevailing on last change May 20, 2005 since in % points Euro 2 (repo) 2.00% June USA (fed funds) 3.00% May Japan (discount) 0.0% Sept Switzerland (SNB targetband) % Sept UK (base rate) 4.75% Aug

12 You will find economic analyses on Bank Austria Creditanstalt s homepage: under Analyses & Research in the section Economic Research or directly at Published by Bank Austria Creditanstalt AG 030 Vienna, Vordere Zollamtsstrasse 3 00 Vienna, Am Hof 2 Edited by Economics Department Bernhard Sinhuber, telephone +43 (0) /4964 ( economic.research@ba-ca.com) Production: Public Relations Department Printed by Holzhausen Graphics: Hans Ljung Photo: Mauritius Sources: Bank Austria Creditanstalt, HVB Research, Eurostat, ECB, OECD, OeNB, Statistik Austria, WIFO, Datastream Closing Date: May 20, 2005