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Austria Production Index Rises In March

Austria's production index increased in March from a year ago, figures from Statistics Austria showed Friday.

The production index, which combines industrial production and construction, rose a working-day-adjusted 0.8 percent year-over-year in March.

Production in the industrial sector grew 2.1 percent in March, while construction output dropped by 4.8 percent.

Among sub-sectors, production in the energy sector decreased 3.4 percent and that for consumer durables slipped by 3 percent. However, capital goods sector logged an increase of 7.2 percent and intermediate goods output rose 1.4 percent.

Month-on-month, the seasonally adjusted production index dipped 0.8 percent in March. Both construction and industrial output declined 0.2 percent and 1 percent, respectively.

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