Industrial Production in Austria increased 20.60 percent in August of 2021 over the same month in the previous year. source: Statistik Austria

Industrial Production in Austria averaged 3.17 percent from 1997 until 2021, reaching an all time high of 33.90 percent in April of 2021 and a record low of -21.20 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 October of 2021.

Industrial Production in Austria is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Industrial Production is projected to trend around 1.50 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Austria Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-07-09 07:00 AM May 23.4% 33.8% 21.5%
2021-08-10 07:00 AM Jun 11.3% 20.6% 13.5%
2021-09-10 07:00 AM Jul 9.7% 16.1% 9%
2021-09-24 08:00 AM Aug 20.6% 9.7% 3.5%
2021-11-10 08:00 AM Sep 20.6%
2021-12-10 08:00 AM Oct


News Stream
Austria Industrial Output Growth Eases in July
Austria's industrial production increased by 9.7 percent year-on-year in July of 2021, following an upwardly revised 16.1 percent jump in June, reflecting the reopening of economic activity and the low base year effect. Output growth slowed markedly in manufacturing (9.4 percent vs 16.8 percent); while production continued to rise notably in mining & quarrying (25.2 percent vs 27.4 percent); electricity, gas, steam and air conditioning supply (15.1 percent vs 12.1 percent); and construction (13.6 percent vs 19.1 percent). Conversely, water supply, sewage, waste management and remediation activities posted another contraction (-33.9 percent vs -20.6 percent). On a seasonally adjusted monthly basis, industrial production edged 0.3 percent lower.
2021-09-10
Austria Industrial Output Growth Remains Strong
Austria's industrial production advanced 23.4 percent year-on-year in May 2021, following a revised record 33.8 percent in April, reflecting a continued economic recovery and the low base effect. Growth was recorded in mining & quarrying (14.3 percent vs 10 percent in April); manufacturing (26.3 percent vs 39.2 percent); electricity, gas, steam and air conditioning supply (20.5 percent vs 7.2 percent) and construction (21 percent vs 37.9 percent). Conversely, water supply, sewage, waste management and remediation activities posted another decline (-8 percent vs -14.8 percent). On a seasonally adjusted monthly basis, industrial production was unchanged.
2021-07-09
Austria Industrial Output Rises at Record Pace
Austria's industrial production jumped 35.9 percent year-on-year in April 2021, the largest annual increase on record, reflecting a continued economic recovery and the low base effect. In April 2020, most factories were closed due to a coronavirus lockdown. Output growth was recorded for manufacturing (41.0 percent vs 14.0 percent); construction (37.3 percent vs 22.6 percent); electricity, gas, steam and air conditioning supply (22.6 percent vs -3.0 percent); and mining and quarrying (21.1 percent vs 15.1 percent). On a monthly basis, industrial production increased by 1.7 percent in April.
2021-06-10
Austria Industrial Output Rises the Most since 1998
Austria's industrial production rose 12.7 percent from a year earlier in March of 2021, following a downwardly revised 1.7 percent rise in the previous month. It was the strongest increase in industrial activity since December of 1998, amid a low base effect from last year when the coronavirus pandemic hit production hard. Output grew sharply for construction (21.7 percent vs 2.9 percent in February) and manufacturing (10.4 percent vs 1.5 percent) but slowed for energy (2.7 percent vs 7.7 percent). On a monthly basis, industrial production rose 2.4 percent.
2021-05-25

Austria Last Unit Reference Previous Highest Lowest
Industrial Production Mom -0.58 percent Aug/21 -1.15 8.70 -15.00
Industrial Production 20.60 percent Aug/21 9.70 33.90 -21.20


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).