Austrian Industry Continues Upward Trend

Politics ♦ Published: September 30, 2013; 09:04 ♦ (Vindobona)

Developments in Austria follow the European trend.

Austrian Industry Continues Upward Trend / Picture: © Vindobona.org
  • At 51.1 points, Bank Austria Purchasing Managers' Index is still in growth territory, but recovery in industry slowed somewhat in September following strong August.
  • Strong production increases continue despite declining growth in order intake.
  • Developments in Austria following European trend.
  • Job cuts decelerating considerably, cost increases remain…