Austria Production Index Declines 4.1%

4 nhiều ngày trước kia 7

Austria's production index declined at a faster pace in May, Statistics Austria reported Wednesday.

The production index dropped 4.1 percent annually, which was worse than April's 2.6 percent decrease. This was the fifth successive monthly fall.

Industrial output was down 4.9 percent, following a 3.0 percent drop. At the same time, construction fell at a slower pace of 0.9 percent versus a 1.1 percent decrease a month ago.

Among the main industrial groupings, consumer durables production plunged 21.2 percent and intermediate goods output fell 6.2 percent. Energy goods output contracted by 8.6 percent, while that of consumer non-durables advanced by 2.5 percent.

Month-on-month, production declined 1.4 percent in May, in contrast to a 0.8 percent rise in April.

For comments and feedback contact: [email protected]

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Đọc toàn bộ bài viết