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Austria Manufacturing Downturn Eases In February

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Austria's manufacturing contraction softened amid slower declines in both production and new orders, survey results from S&P Global showed on Wednesday.

The UniCredit Bank Austria Manufacturing Purchasing Managers' Index rose to a 2-year high of 46.7 in February from 45.7 in January. However, any score below 50.0 suggests contraction.

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