Austria’s production index declined in February from a year ago, figures from Statistics Austria showed Friday.
The production index, which combines industrial production and construction, fell a working-day-adjusted 0.2 percent year-over-year in February.
Production in the construction sector dropped 5.2 percent in February from the previous year, while industrial production grew by 0.7 percent.
Among sub-sectors, production in the energy sector decreased 0.1 percent and that for consumer durables slipped by 1.5 percent. Meanwhile, capital goods sector logged an increase of 1.3 percent.
Month-on-month, production index dipped 0.8 percent in February. Both construction and industrial output declined 3.6 percent and 0.1 percent, respectively.
The material has been provided by InstaForex Company – www.instaforex.com