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2019.07.2504:46:00UTC+00Austria Production Index Falls In May

Austria's production index declined in May led by a slump in industrial output, data from Statistics Austria showed on Thursday.

The production index that combines both industry and construction dropped 0.3 percent year-on-year in May, after a 3.8 rise in April.

Industrial production fell 1.2 percent annually in May and construction output rose 2.3 percent.

On a month-on-month basis, the production index fell 1.0 percent in May, following a 2.0 percent decline in the previous month.

On a monthly basis, industrial production and construction output fell 0.9 percent and 1.3 percent, respectively.

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