Austria: Economic sentiment improves in November
Latest reading: Economic sentiment rose to 92.4 in November, following October’s 91.7. Still, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In November, sentiment improved in the industrial sector (-13.0 vs -14.5 in October) and among consumers (-17.5 vs -17.7 in October). However, sentiment worsened in the construction sector (-14.1 vs -13.7 in October), the services sector (+6.0 vs +7.4 in October) and the retail sector (-5.7 vs -4.1 in October).