Industrial Production Still Rising

BusinessEconomy ♦ Published: October 25, 2011; 09:50 ♦ (Vindobona)

Austrian production index in August 2011: +5.6% compared to August 2010.

Industrial Production Still Rising / Picture: © Vindobona.org

According to calculations by Statistics Austria, the working-day-adjusted production index for industries and construction increased by 5.6% in August 2011 against August of the previous year. In comparison to July 2011 it increased by 1.1% (seasonally adjusted).

Against July 2011, investment goods showed a production growth of 4.4%, short-dated consumer goods recorded a…