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Austria's Manufacturing Sector Deteriorates Further

Por: RTTNews Business September 28, 2022

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Austria's manufacturing activity contracted for the second straight month in September amid a sharp downturn in new orders and rising inflation caused by higher energy prices, survey results from S&P Global showed on Wednesday.The UniCredit Bank manufacturing Purchasing Managers' Index remained steady at 48.8 in September. Any reading below 50 indicates contraction and a score above 50 suggests expansion in the sector.In August, the... + full article



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