Austria's Production Index Declines In October

Austria's production index declined in October on weak industrial output, data from Statistics Austria showed on Monday.

The production index dropped 1 percent in October from the previous year, bigger than the 0.4 percent fall in September.

Industrial output fell 2.2 percent, while construction expanded 3.2 percent annually.

On a monthly basis, the production index gained at a faster pace of 0.7 percent, after climbing 0.2 percent, reflecting a 2.4 percent increase in construction. Nonetheless, industry grew only 0.2 percent in October.



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