Industrial production in Austria rose by 3.9% year-on-year in November 2022, easing from an upwardly revised 5.5% advance in the previous month. It was the smallest growth since February 2021, as production fell for intermediate goods (-0.7% vs 6% in October), while output growth slowed sharply for energy (3.2% vs 12.2%) and non-consumer durables (2.9% vs 4.1%). On the other hand, production accelerated for capital goods (9.7% vs 3.6%) and consumer durables (16.9% vs 12.3%). On a seasonally adjusted monthly basis, industrial activity grew by 0.3%, easing from an upwardly revised 0.8% gain in October. source: Statistik Austria
Industrial Production in Austria averaged 3.31 percent from 1997 until 2022, reaching an all time high of 33.70 percent in April of 2021 and a record low of -21.40 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 January of 2023.
Industrial Production in Austria is expected to be 2.50 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 2.80 percent in 2025, according to our econometric models.