Industrial Production in Austria grew 4.6% year-on-year in June 2022, the smallest increase since February of 2021 and slowing down from a significant 11.4% increase in the previous month. This increase was mainly due to energy production (17.0%), with capital goods (11.6%), and consumer durables (7.4%) providing a welcoming boost. On a seasonally adjusted monthly basis, the Austrian industrial output shrank 2.1%, dragged down by decreases in energy (-7.7%), intermediate goods (-3.0%), and consumer non-durables (-2.7%) production. source: Statistik Austria
Industrial Production in Austria averaged 3.28 percent from 1997 until 2022, reaching an all time high of 34.40 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 August of 2022.
Industrial Production in Austria is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Industrial Output Cools At 4-Month High is projected to trend around 1.50 percent in 2023 and 2.80 percent in 2024, according to our econometric models.