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Austria Manufacturing Downturn Deepens In September

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

Austria's factory activity contracted at a faster pace in September amid a renewed fall in output, survey data from S&P Global showed on Friday.

The UniCredit Bank Austria Manufacturing Purchasing Managers' Index dropped to 47.6 in September from a 37-month high of 49.1 in August. Any score below 50.0 indicates contraction.

Production volumes fell for the first time in three months after increasing at the quickest pace since May 2022 in August.

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