Industry in Austria
Austria - Industry
Industrial production falls in March
Industrial output in Austria dropped 1.0% over the previous month in March, swinging from February’s upwardly revised 1.4% increase (previously reported: +0.6% month-on-month). The print came on the back of a stronger drop in durable consumer goods production and a contraction in capital goods output; non-durable consumer goods output decreased at a softer pace, however.
Compared to the same month a year earlier, industrial production rose 5.7%, down from February’s 7.1% (previously reported: +5.9% year-on-year). Annual average growth in industrial production edged up to 5.0% in March from 4.9%.
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%.
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 | -0.01 | 0.40 % | Jun 20 |
| Exchange Rate | 1.13 | 0.65 % | Jun 20 |
| Stock Market | 2,955 | -1.00 % | Jun 20 |
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