Industry in Austria
Austria - Industry
Industrial production slightly expands in September
Industrial production increased 0.2% in September over the prior month, contrasting August’s revised 1.2% drop (previously reported: -1.4% month-on-month), driven by the energy sector and robust growth in capital goods and consumer durables.
Compared to the same month a year ago, industrial output expanded 2.6% in September on a working-day adjusted basis, slightly down from August’s 2.8% increase. Annual average growth in industrial production edged down from 5.4% in August to 5.2% in September.
Austria Industrial Production Forecast
FocusEconomics Consensus Forecast panelists project that industrial production will increase 3.2% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, the panel expects that industrial production will grow 1.9%.
Austria - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 0.4 | -0.4 | 2.1 | 2.7 | 4.4 |
Austria Industry Chart
Source: Statistics Austria and FocusEconomics calculations.
Austria Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.52 | 0.40 % | Dec 11 |
| Exchange Rate | 1.13 | 0.65 % | Dec 11 |
| Stock Market | 2,876 | -1.00 % | Dec 11 |
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Economic News
Austria: Consumer confidence remains unchanged in November
November 30, 2018
Consumer confidence in Austria was stable at 9 in November and remained handsomely above the crucial zero-point mark separating optimism from pessimism. Although the headline figure remained unchanged, some changes occurred in the underlying components.
Austria: Business conditions improve at a faster clip in November, but concerns drive outlook sentiment down
November 28, 2018
The Bank Austria Purchasing Managers’ Index (PMI), released by IHS Markit, rose from a two-year low of 53.8 in October to 54.9 in November.
Austria: Industrial production slightly expands in September
November 23, 2018
Industrial production increased 0.2% in September over the prior month, contrasting August’s revised 1.2% drop (previously reported: -1.4% month-on-month), driven by the energy sector and robust growth in capital goods and consumer durables. Compared to the same month a year ago, industrial output expanded 2.6% in September on a working-day adjusted basis, slightly down from August’s 2.8% increase.
Austria: Consumer confidence inches down in October
October 31, 2018
Sentiment among consumers eased slightly in October, with the index dipping to 9 from 10 in September.
Austria: Growth stays steady in the third quarter despite downward revision
October 31, 2018
According to a second reading of national accounts data, the Austrian economy grew a tad slower than previously estimated.
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