Austrian Production Expanded in 2011

BusinessEconomy ♦ Published: February 25, 2012; 17:01 ♦ (Vindobona)

Production index declines in December 2011 (–3.1%); annual average 2011 positive (+5.6%).

Austrian Production Expanded in 2011 / Picture: © Vindobona.org

According to calculations by Statistics Austria, the working-day-adjusted production index for industries and construction decreased by 3.1% in December 2011 against December of the previous year. In comparison to November 2011 it decreased by 4.5% (seasonally adjusted). On annual average 2011 the production index increased by 5.6% in 2011 compared to 2010 (2010 against 2009:…