Industrial Production in Austria decreased 2 percent in December of 2019 over the previous month. Austria Industrial Production MoM - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Industrial Production Mom in Austria averaged 0.21 percent from 2000 until 2019, reaching an all time high of 6.20 percent in January of 2003 and a record low of -4.10 percent in October of 2008. This page provides the latest reported value for - Austria Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production Mom in Austria is expected to be 0.23 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Austria to stand at 0.23 in 12 months time. In the long-term, the Austria Industrial Production MoM is projected to trend around 0.23 percent in 2021, according to our econometric models.

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Austria Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -1.70 6.20 -4.10 2000 - 2019 percent Monthly
2015=100, SA

Austria Industrial Production MoM
In Austria, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 69 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (9 percent of total production); 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; and construction accounts for 13 percent, of which building construction accounts for 4 percent and civil engineering accounts for 3 percent. Water supply, sewerage and waste management account for 2 percent of production, and mining and quarrying account for only 1 percent.