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Purchasing Managers' Index: Austrian Industry Shows First Signs of Recovery
Bank Austria has published its latest "Purchasing Managers' Index" on the Austrian economy. At the end of the first quarter in 2015 subtle signs of a pick-up in Austrian economic activity were detected for the first time in about six months.
Austrian Industry Shows First Signs of Recovery / Picture: © Vindobona.org
Bank Austria's Business Indicator rose to 0.3 points in March.
This means the indicator posted a positive reading again for the first time since November last year, which signals at least a slight upswing in the Austrian economy.
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- For the first time in almost a…
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