Austrian Industry Running Increasingly Smoothly

Austrian Industry Running Increasingly Smoothly / Picture: © Vindobona.org

While the figures supplied by European industry over the early months of this year were very much a mixed bag, the recovery of Austrian industry, by contrast, has proved to be rather stable. The Bank Austria Purchasing Managers' Index fell slightly in March in comparison to the previous month. However, with its current reading of 51.5 points it is still clearly above the growth…