Austria: Solid Growth and Recovery in Industrial Industry

BusinessEconomy ♦ Published: March 3, 2014; 12:21 ♦ (Vindobona)

Austria’s industrial recovery continues.

Austria: Solid Growth and Recovery in Industrial Industry / Picture: © Vindobona.org
  • Bank Austria Purchasing Managers’ Index for February exhibits solid growth at 53 points
  • Pace of recovery slightly down on previous month
  • Strong demand from Germany, more moderate demand from emerging markets: decreasing order numbers curbing production expansion
  • Current price trends further drive up industry costs
  • Industry recovery 2014: 4…