Austria: Industrial Production Loses Momentum

BusinessEconomy ♦ Published: March 28, 2014; 15:52 ♦ (Vindobona)

Austrian industry loses some momentum after strong growth at the start of the year.

The manufacturing sector is growing in Austria. / Picture: ©

The Bank Austria Purchasing Managers' Index offers an evaluation of the economic situation of Austrian industry by selected purchase managers.

  • Bank Austria Purchasing Managers' Index drops 2 points to 51 in March
  • Production growth restrained by slowing increase in orders, but remains in the black
  • Employment levels unchanged in March
  • Drop in demand…