Austria: Industrial production picks up in June
August 23, 2019
Industrial output in Austria rose 0.5% month-on-month in June, contrasting May’s revised 0.9% decrease (previously reported: -1.0% month-on-month). The rise reflected growth in the energy and capital goods subsectors.
Compared to the same month a year earlier, industrial production rose 1.3%, contrasting May’s 0.4% decline. Annual average growth in industrial production fell from 4.5% in May to 4.2% in June.
Author: Oliver Reynolds, Economist