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Strong Increase of Industrial Growth at the Beginning of the Year
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The Bank Austria Purchasing Managers Index shows a strong increase in production in January 2011 due to accelerated order growth.
Strong Increase of Industrial Growth at the Beginning of the Year / Picture: © Vindobona.org
The Bank Austria Purchasing Managers Index has closed at 60.3 points in January, the same value as the record high in April 2010. Demand for products of domestic goods producers has greatly accelerated at the beginning of the year, the increase in orders being the second highest since the start of data collection.
Entrepreneurs are gaining confidence in the sustainability of the…
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