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Financial News: Austria Production Index Falls In November

Austria Production Index Falls In November

01/24/2020 - 06:28:00 (RTTNews)

(RTTNews) - Austria's production index declined in November on weaker industrial output, data from Statistics Austria showed on Friday.

The production index decreased 2.1 percent year-on-year in November, following a 0.8 percent fall in October.

Industrial output fell 4.5 percent annually in November, while construction rose 5.1 percent.

On a month-on-month basis, production index dropped 1.7 percent in November, after a 0.8 percent rise in the prior month.

On a monthly basis, industrial and construction output declined 1.8 percent and 1.4 percent, respectively.

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