Austria's industrial production fell 3.8 percent from a year earlier in January 2021, following a downwardly revised 2.9 percent contraction in the previous month, on decreases in nearly all major categories: manufacturing (-3.6 percent vs -2.1 percent in December); mining and quarrying (-6.3 percent vs -2.6 percent); water supply, sewage, waste management and remediation activities (-11.7 percent vs -5.4 percent); and construction (-5.8 percent vs -7.3 percent). Meanwhile, electricity, gas, steam and air conditioning supply rose 1.1 percent, compared with a 7.7 percent advance in December. source: Statistik Austria
Industrial Production in Austria averaged 2.84 percent from 1997 until 2021, reaching an all time high of 25.40 percent in January of 1997 and a record low of -21.30 percent in April of 2020. This page provides the latest reported value for - Austria Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Industrial Production in Austria is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Austria to stand at 5.20 in 12 months time. In the long-term, the Austria Industrial Production is projected to trend around 5.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.