Austrian Q4 GDP growth confirmed at 0.3 pct

VIENNA, March 11 (Reuters) - Austria's economy grew 0.3 percent in the fourth quarter of 2013 as exports advanced and domestic consumption stayed weak, the WIFO research institute said on Tuesday, confirming its flash estimate.

Exports rose 0.5 percent, compared with an 0.4 percent increase in the third quarter. Imports rose 0.6 percent versus 0.2 percent in the previous quarter.

Compared with the fourth quarter of 2012, GDP rose 1.1 percent in real terms, compared with 0.5 percent expansion year-on-year in the third quarter. That brought 2013 annual growth to 0.4 percent.

WIFO is one of Austria's main research bodies and compiles official economic statistics for the state.

(Reporting by Georgina Prodhan; Editing by Michael Shields)

((georgina.prodhan@thomsonreuters.com)(+431 5311 2256)(Reuters Messaging: georgina.prodhan.thomsonreuters.com@reuters.net))

Keywords: AUSTRIA ECONOMY/GDP