FOREX TradingCharts.com

Financial News: Austria's Manufacturing Sector Growth Accelerates

Austria's Manufacturing Sector Growth Accelerates

09/28/2020 - 06:01:00 (RTTNews)

(RTTNews) - Austria's manufacturing sector expanded at a faster pace in September on further increases in output and new orders, survey data from IHS Markit showed on Monday. The headline UniCredit Bank Austria manufacturing Purchasing Managers' Index rose to 51.7 in September from 51.0 in August.

A score above 50 indicates expansion. Nonetheless, the score was still down slightly on July's recent high.

Production grew for the third straight month as firms raised output in line with a further increase in new orders. Firms showed a reduced willingness to cut staff numbers, with employment down only marginally.

Expectations picked up for the fifth straight month and were only just below the level seen in February prior to the covid-19 shutdowns.

Turning to prices, data showed a marginal decrease in factory gate charges. The decline was the weakest in the current 15-month sequence of discounting. Average purchase prices also decreased at a slower pace.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. New Home Sales Unexpectedly Tumble 3.5% In September (01 hr(s), 10 min(s), 05 sec(s) ago)
(RTTNews) - New home sales in the U.S. unexpectedly showed a sharp decrease in the month of Septem ...Full Story»

German Economy To Recover At Slower Pace (03 hr(s), 03 min(s), 05 sec(s) ago)
(RTTNews) - The German economic recovery is likely to continue in the current quarter, albeit at a ...Full Story»

German Ifo Business Morale Weakens For First Time In 6 Months (03 hr(s), 41 min(s), 05 sec(s) ago)
(RTTNews) - German business sentiment weakened in October as leaders were more worried about comin ...Full Story»

Czech Economic Confidence Falls In October (04 hr(s), 11 min(s), 05 sec(s) ago)
(RTTNews) - The Czech Republic's economic confidence decreased in October, survey results from ...Full Story»

Turkey Capacity Utilization Rises In October (04 hr(s), 15 min(s), 05 sec(s) ago)
(RTTNews) - Turkey's manufacturing capacity utilization rate increased in October, figures fro ...Full Story»

Denmark Retail Sales Fall For Third Month In September (04 hr(s), 34 min(s), 05 sec(s) ago)
(RTTNews) - Denmark retail sales fell for the third straight month in September, figures from the ...Full Story»

Amended: German Ifo Business Confidence Weakens In October (05 hr(s), 39 min(s), 05 sec(s) ago)
(RTTNews) - Corrected third and fourth paragraphs German business sentiment weakened in Octo ...Full Story»

German Ifo Business Confidence Weakens In October (06 hr(s), 07 min(s), 05 sec(s) ago)
(RTTNews) - German business sentiment weakened in October, reports said citing survey data from if ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. New Home Sales Unexpectedly Tumble 3.5% In September

10/26/2020 - 10:29 AM (RTTNews)
(RTTNews) - New home sales in the U.S. unexpectedly showed a sharp decrease in the month of Septem ...Full Story>>

German Economy To Recover At Slower Pace

10/26/2020 - 08:36 AM (RTTNews)
(RTTNews) - The German economic recovery is likely to continue in the current quarter, albeit at a ...Full Story>>

German Ifo Business Morale Weakens For First Time In 6 Months

10/26/2020 - 07:58 AM (RTTNews)
(RTTNews) - German business sentiment weakened in October as leaders were more worried about comin ...Full Story>>

Czech Economic Confidence Falls In October

10/26/2020 - 07:28 AM (RTTNews)
(RTTNews) - The Czech Republic's economic confidence decreased in October, survey results from ...Full Story>>

Turkey Capacity Utilization Rises In October

10/26/2020 - 07:24 AM (RTTNews)
(RTTNews) - Turkey's manufacturing capacity utilization rate increased in October, figures fro ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.