Austrian Industrial Sector Remains Cautious

BusinessEconomy ♦ Published: September 27, 2013; 18:24 ♦ (Vindobona)

Although the macro-economic frame conditions have brightened a bit, the outlook is mixed.

Austrian Industrial Sector Remains Cautious / Picture: ©

In summer, the Austrian industrial sector registered a visible upward trend. In September, the production was up for the third month in a row. Moreover, the order intake increased for the fifth consecutive month. Compared to August, the order intake growth declined in September, though. With these results, the Austrian industrial sector is fully in line with the European…