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. Austria Industrial Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Industrial Production in Austria averaged 2.58 percent from 2001 until 2019, reaching an all time high of 11.10 percent in January of 2001 and a record low of -15.20 percent in May of 2009. 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.
Industrial Production in Austria is expected to be 1.10 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 2.30 in 12 months time. In the long-term, the Austria Industrial Production is projected to trend around 2.80 percent in 2021, according to our econometric models.