Purchasing Managers' Index: Pace of Austria's Industrial Growth Increases

BusinessDoing Business in Austria ♦ Published: October 30, 2015; 18:30 ♦ (Vindobona)

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.

Pace of Austria's industrial growth increases / Picture: © UniCredit Bank Austria AG

Further rise of Bank Austria PMI in October

With the momentum of the recovery in Europe, the industrial sector in Austria has improved since the beginning of autumn. Austrian industry has been growing for half a year now. The current Bank Austria Purchasing Managers’ Index shows that after the very modest upward trend in the summer, the industrial…