India, Oct. 28 -- Austria's manufacturing activity expanded at the strongest pace in more than four years in October, survey results from S&P Global showed Wednesday.
The UniCredit Bank Austria manufacturing purchasing managers' index rose to 55.9 in October from 54.9 in the previous month. This was the highest score since May 2022.
The accelerated growth in October was driven by robust rises in output and new orders, both growing at the fastest pace since early 2022, linked to stronger demand and growing investment spending in the wider economy and abroad.
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