In April, industrial production expanded a working day adjusted 9.7% over the same month last year, which represented an improvement compared to the 9.5% increase tallied in March. The monthly reading represented the fastest expansion in more than six years. The April result reflected faster growth in manufacturing (March: +11.2% year-on-year; April: +11.5% yoy) as well as in the production of electricity, gas, steam and air conditioning (March: +11.5% yoy; April: +12.2% yoy). In addition, mining and quarrying bounced back in April and grew 7.2% after nine consecutive months of declining activity. A month-on-month comparison confirms the strong growth suggested by the annual figures, as industrial output expanded a seasonally adjusted 1.3% in April, which was well above the 0.3% increase observed in March. As a result of the April expansion, the trend continues to point to a strong recovery in the industrial sector, with annual average growth in industrial production rising from 9.1% in March to 9.5% in April.
Industrial production remains on positive trajectory
June 24, 2011
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Austria Economic News
October 25, 2016
In August, industrial production expanded 1.6% over the previous month in seasonally-adjusted terms.
September 29, 2016
In September, the Bank Austria Manufacturing Purchasing Managers’ Index (PMI) came in at 53.5, which was up from August’s 52.1.
September 28, 2016
The consumer confidence index produced by Fessel-GfK deteriorated in September.
September 23, 2016
In July, industrial production fell 0.6% over the previous month in seasonally-adjusted terms.
August 31, 2016
The consumer confidence index elaborated by Fessel-GfK deteriorated slightly in August, ending three consecutive months of improvement.