Austria's Industrial Production Increases in Early 2016

BusinessEconomy ♦ Published: January 29, 2016; 18:30 ♦ (Vindobona)

Bank Austria has published its latest "Purchasing Managers' Index" on the Austrian economy climbs to 51.2 points in January. The Austrian industry should enjoy a dynamic start to the new year. More orders ensure major production expansion. A sharp decline in price of commodities boosts earnings. At the same time, production not at full capacity, too few new jobs being created and ongoing economic uncertainties leading to targeted cost and inventory optimisation.

Austria's industrial production increases in early 2016 / Picture: © UniCredit Bank Austria AG

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