Sponsored Content
Austrian Industry Contracts Further
Bank Austria’s Purchasing Managers’ Index has fallen to the lowest level for two and a half years, reflecting a lack of new orders.
Austrian Industry Contracts Further / Picture: © Vindobona.org
The Purchasing Managers' Index has continued to fall, a trend observed since early 2011. Sitting at 47.6 points the indicator in November has fallen to its lowest reading for almost two and a half years. For the third time in a row it has now failed to cross the growth threshold drawn at 50 points.
The weak global economic activity and the uncertainties surrounding the economy…
or Log In
Fast News Search