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Austria Production Index Declines In May

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Friday, Statistics Austria reported that the production index for industries and construction declined 1.5% month-on-month in May.

The index for industrial production declined 0.4% in May, while that for construction output slid 4.7%.

Compared to the same month last year, the overall production index dropped 13.5% on a working-day adjusted basis in May. A 15.5% slump was recorded for industrial production and construction output was down 4.9%.

Friday, Statistics Austria reported that the production index for industries and construction declined 1.5% month-on-month in May. (Market News Provided by RTTNews)

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