VIENNA Feb 13 The Austrian National Bank (OeNB)
said on Monday it expected gross domestic product to expand by
0.6 percent on a quarterly basis in the first quarter of 2017,
slightly higher than its previous forecast, and by 0.5 percent
in the April-June period.
The OeNB said lower investments, which had helped to power
growth in 2016, were likely to be balanced out by higher
exports, keeping Austria on a "stable growth path".
In November it had forecast growth in the first quarter of
this year to reach 0.5 percent.
(Reporting By Shadia Nasralla; Editing by Gareth Jones)