Industrial production in Austria were down by 0.4% year-on-year in March 2023, following a downwardly revised 5.5% increase in the previous month. It was the first decline in industrial activity since February 2021, dragged down mainly by decreases in energy (-9% vs 14.2% in February) and intermediate goods (-4.4% vs -4.3%). Also, production grew at a slower pace for capital goods (5.6% vs 9.6%) and consumer durables (5.9% vs 8%). On a seasonally adjusted monthly basis, industrial output dropped by 3.3%, reversing a downwardly revised 3.3 percent gain in February. source: Statistik Austria

Industrial Production in Austria averaged 3.29 percent from 1997 until 2023, reaching an all time high of 33.80 percent in April of 2021 and a record low of -21.50 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 June of 2023.

Industrial Production in Austria is expected to be -4.00 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 2.50 percent in 2024 and 1.80 percent in 2025, 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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Austria Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2023-04-07 07:00 AM Feb 8.5% 1.1% -1.2%
2023-05-10 07:00 AM Mar -0.4% 5.5% -3.6%
2023-06-09 07:00 AM Apr -0.4% -1.3%


Related Last Previous Unit Reference
Industrial Production Mom -3.25 3.28 percent Mar 2023
Industrial Production -0.40 5.50 percent Mar 2023

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).
Actual Previous Highest Lowest Dates Unit Frequency
-0.40 5.50 33.80 -21.50 1997 - 2023 percent Monthly
2015=100, WDA

News Stream
Austria Industrial Output Shrinks for 1st Time since 2021
Industrial production in Austria were down by 0.4% year-on-year in March 2023, following a downwardly revised 5.5% increase in the previous month. It was the first decline in industrial activity since February 2021, dragged down mainly by decreases in energy (-9% vs 14.2% in February) and intermediate goods (-4.4% vs -4.3%). Also, production grew at a slower pace for capital goods (5.6% vs 9.6%) and consumer durables (5.9% vs 8%). On a seasonally adjusted monthly basis, industrial output dropped by 3.3%, reversing a downwardly revised 3.3 percent gain in February.
2023-05-10
Austria Industrial Output Growth Quickens to 9-Month High
Industrial production in Austria surged by 8.5% year-on-year in February 2023, after a revised 1.% rise in the previous month. It marks the fastest growth in industrial activity since May last year, boosted by energy (+22.6%), capital goods (+11.2%), notably the manufacture of machinery and equipment (+17%); consumer durables (+13.1%) and consumer non-durables (+4%). On the other hand, output fell for intermediate goods (-2.8%). On a seasonally adjusted monthly basis, industrial production rose by 5.7% in February, after an upwardly revised 2% increase in the prior month.
2023-04-07
Austria Industrial Output Falls for 1st Time in Nearly 2Y
Industrial production in Austria fell 0.7 percent year-on-year in January 2023, following an upwardly revised 0.5 percent growth in the previous month. This was the first decline since February 2021, as production fell sharply for intermediate goods (-6.2 percent vs -1.7 percent in December 2022) while output slowed for consumer non-durables (3.8 percent vs 5 percent). Meanwhile, output fell softer for both energy (-4.9 percent vs -6.4 percent) and consumer durables (-1.6 percent vs -5.1 percent), while output increased for capital goods (8.3 percent vs 2.8 percent). On a seasonally adjusted monthly basis, industrial activity grew by 0.5 percent in January 2023, rebounding from an upwardly revised 2 percent fall in the previous month.
2023-03-10