Industry in Austria
Austria - Industry
Industrial production picks up in June
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.
FocusEconomics Consensus Forecast panelists project that industrial production will increase 2.4% in 2019, which is down 0.2 percentage points from last month’s forecast. For 2020, the panel expects that industrial production will grow 1.7%.
Austria - Industry Data
|Industrial Production (annual variation in %)||0.4||-0.4||2.0||2.6||5.3|
5 years of economic forecasts for more than 30 economic indicators.
Austria Industry Chart
Source: Statistics Austria and FocusEconomics calculations.
|Bond Yield||-0.41||0.40 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||2,908||-1.00 %||Sep 04|
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September 3, 2019
Sentiment among Austrian consumers became less pessimistic in August, coming in at minus 2 from July’s minus 4.
August 28, 2019
Conditions in the Austrian manufacturing sector remained weak in August, although improved somewhat from July’s result.
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).
August 9, 2019
Sentiment among Austrian consumers was unchanged at minus 4 in July, marking the joint-lowest reading since March 2017.
July 30, 2019
Growth momentum in Austria lost some dynamism as the economy expanded 0.2% quarter-on-quarter in the second quarter, down from the first quarter’s 0.4% expansion.