Industrial production in Austria fell 13.5 percent year-on-year in May of 2020, following a record 21.3 percent drop in the previous month. It marks the 3rd straight annual decrease in industrial production due to the coronavirus crisis. Mining fell 19.1 percent, manufacturing 17.5 percent and construction 8.5 percent. In contrast, increases were seen for electricity, gas and air conditioning (1.6 percent) and water supply and sewerage (8.9 percent). On a monthly basis, industrial output jumped 9.2 percent, in a sign that some sectors are beginning to recover.

Industrial Production in Austria averaged 3.01 percent from 1997 until 2020, 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 August of 2020.

Industrial Production in Austria is expected to be -7.20 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 4.50 in 12 months time. In the long-term, the Austria Industrial Production is projected to trend around 5.20 percent in 2021 and 2.80 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Austria Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-13.50 -21.30 25.40 -21.30 1997 - 2020 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-24 07:00 AM Feb -2.3% 1.7% 0.5%
2020-05-25 07:00 AM Mar -12.1% -2.8% -3.5%
2020-06-25 07:00 AM Apr -21.4% -9.6% -15%
2020-07-24 07:00 AM May -13.5% -21.3% -15.5%
2020-08-25 07:00 AM Jun -13.5% -8.5%
2020-09-25 07:00 AM Jul
2020-10-23 07:00 AM Aug
2020-11-25 08:00 AM Sep -7.2%


News Stream
Austria Industrial Output Shrinks for 3rd Month
Industrial production in Austria fell 13.5 percent year-on-year in May of 2020, following a record 21.3 percent drop in the previous month. It marks the 3rd straight annual decrease in industrial production due to the coronavirus crisis. Mining fell 19.1 percent, manufacturing 17.5 percent and construction 8.5 percent. In contrast, increases were seen for electricity, gas and air conditioning (1.6 percent) and water supply and sewerage (8.9 percent). On a monthly basis, industrial output jumped 9.2 percent, in a sign that some sectors are beginning to recover.
2020-07-24
Austria Industrial Output Falls the Most in Nearly 11 Years
Industrial production in Austria plunged 12.1 percent year-on-year in March 2020, following an upwardly revised 2.8 percent fall in the previous month. It was the largest drop in industrial output since May 2009, amid factories closures and lockdowns due to the coronavirus pandemic. Output shrank further for intermediate goods (-5.5 percent vs -1 percent in February); consumer goods (-13 percent vs -5.5 percent), of which durables (-13 percent vs -5.5 percent) and non-durables (-1.6 percent vs 0.5 percent); and capital goods (-27.1 percent vs -10.3 percent). Meanwhile, energy production dropped at a softer pace (-14.4 percent vs -16 percent). On a seasonally adjusted monthly basis, industrial output declined 9.5 percent, following a 2.7 percent fall in the prior month.
2020-05-25
Austria Industrial Output Rebounds in January
Industrial production in Austria rose 1.2 percent from a year ago in January of 2020, following a downwardly revised 3 percent decline in the previous month. This was the first increase in industrial activity since last September and the strongest since July of last year. Output recovered for energy (0.5 percent vs -4.3 percent in December); intermediate goods (0.4 percent vs -6.2 percent) and consumer goods (0.3 percent vs -1.6 percent) while it fell for capital goods (-0.6 percent vs -6.7 percent), namely non-durable capital goods (-1.3 percent vs 2.4 percent). On a seasonally adjusted monthly basis, industrial production advanced 4 percent, after shrinking 0.2 percent in the prior month.
2020-03-25
Austria Industrial Output Falls the Most in 10 Years
Industrial production in Austria declined 5.3 percent year-on-year in December of 2019, marking the 4th straight decline and the steepest since October of 2009. Production of durable goods slumped 16.8 percent (vs -2.7 percent in November), and the output fell 10.1 percent for capital goods (vs -3.6 percent) and 4.2 percent for energy (vs -4.1 percent). On a monthly basis, industrial output went down 2 percent.
2020-02-25

Austria Industrial Production
In Austria, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector (69 percent of total production) including: machinery and equipment (9 percent); basic metals (6 percent); food products (6 percent); motor vehicles, trailers and semi-trailers (6 percent); fabricated metal products, except machinery and equipment (6 percent); and electrical equipment (5 percent). Electricity, gas, steam and air conditioning supply account for 15 percent of total output followed by construction (13 percent), water supply, sewerage and waste management (2 percent) and mining and quarrying (1 percent).