Austria: Economic sentiment rises in July
Latest reading: Economic sentiment went up to 92.9 in July, following June’s 87.6. The latest reading was below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In July, sentiment improved in the industrial sector (-9.3 vs -13.9 in June), the construction sector (-16.1 vs -21.2 in June), the services sector (+2.9 vs -2.6 in June), the retail sector (-7.0 vs -15.1 in June) and among consumers (-19.2 vs -20.8 in June).