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Financial News: Austria Production Index Growth Slows In August

Austria Production Index Growth Slows In August

10/08/2021 - 06:46:00 (RTTNews)

(RTTNews) - Austria's production index rose at a softer pace in August, as industrial production and construction output increased, data from Statistics Austria showed on Friday.

The production index increased 8.6 percent year-on-year in August, after 8.8 percent rise in July.

Industrial production gained 10.3 percent annually in August and construction output rose 3.5 percent.

On a month-on-month basis, the production index declined 0.6 percent in August, after a 1.2 percent rise in the prior month.

On a monthly basis, industrial production decreased 0.8 percent in August and construction output grew 0.3 percent.

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