FX.co ★ Austria Slips Into Negative Growth as Q3 GDP Contracts 0.1% QoQ

Austria’s economy edged into negative territory in the latest quarter, with gross domestic product (GDP) declining 0.1% quarter-on-quarter, according to data updated on 3 September 2026. The reading marks a reversal from the previous quarter, when GDP grew 0.2% in the second quarter of 2026 on a quarter-on-quarter basis.

The current figure reflects a deterioration in short-term momentum: while the second quarter showed modest expansion compared to the first quarter of 2026, the latest quarter now shows a slight contraction against that earlier period. On a quarter-over-quarter comparison, this shift from 0.2% to -0.1% underscores mounting pressure on Austria’s economic activity and suggests that growth has lost steam as the year progresses.