Austria Industry April 2019

Austria

Austria: Industrial production falls in April

June 25, 2019

Industrial output in Austria dropped 1.4% month-on-month in April, down from March’s upwardly revised 0.3% decrease (previously reported: -1.0% month-on-month). The drop reflected a strong decline in capital goods production offsetting rebounds in the output of durable and non-durable consumer goods. Moreover, energy production and intermediate goods output dipped in April.

Compared to the same month a year earlier, industrial production rose 4.5%, down from March’s 7.7% increase (previously reported: +5.7% year-on-year). Annual average growth in industrial production was stable at a revised 5.2% in April.

FocusEconomics Consensus Forecast panelists project that industrial production will increase 3.0% in 2019, which is unchanged from last month’s forecast. For 2020, the panel expects that industrial production will grow 2.1%.


Author:, Economist

Sample Report

Looking for forecasts related to Industry in Austria? Download a sample report now.

Download

Austria Industry Chart


Austria Industry April 2019 0

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Statistics Austria (STAT) and FocusEconomics calculations.


Austria Economic News

More news

Search form