Industrial production in Austria slumped 5.1 percent year-on-year in December of 2020, following an upwardly revised 0.4 percent increase in the prior month. It was the steepest decline in industrial activity since June, amid renewed coronavirus restrictions. Production fell for consumer goods (-9.8 percent vs 0.5 percent in November) and capital goods (-4.6 percent vs -3.5 percent). At the same time, output growth slowed for energy (3.1 percent vs 7.5 percent) and intermediate goods (1.4 percent vs 3.1 percent). Considering the full year of 2020, industrial activity plunged 5.8 percent. On a seasonally adjusted monthly basis, industrial production slipped 5.6 percent, the biggest decrease since April. source: Statistik Austria

Industrial Production in Austria averaged 2.85 percent from 1997 until 2020, reaching an all time high of 25.40 percent in January of 1997 and a record low of -21.20 percent in April of 2020. This page provides the latest reported value for - Austria Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Industrial Production in Austria is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Austria to stand at 5.20 in 12 months time. In the long-term, the Austria Industrial Production is projected to trend around 5.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Austria Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-5.10 0.40 25.40 -21.20 1997 - 2020 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-25 08:00 AM Sep -1.4% -3.3% -3.5%
2020-12-23 08:00 AM Oct -0.6% -1.4% -4%
2021-01-25 08:00 AM Nov 0.1% 0% -1.5%
2021-02-25 08:00 AM Dec -5.1% 0.4% -0.5%
2021-03-25 08:00 AM Jan -5.1%
2021-04-23 07:00 AM Feb
2021-05-25 07:00 AM Mar
2021-06-25 07:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Austria Industrial Output Falls the Most in 6 Months
Industrial production in Austria slumped 5.1 percent year-on-year in December of 2020, following an upwardly revised 0.4 percent increase in the prior month. It was the steepest decline in industrial activity since June, amid renewed coronavirus restrictions. Production fell for consumer goods (-9.8 percent vs 0.5 percent in November) and capital goods (-4.6 percent vs -3.5 percent). At the same time, output growth slowed for energy (3.1 percent vs 7.5 percent) and intermediate goods (1.4 percent vs 3.1 percent). Considering the full year of 2020, industrial activity plunged 5.8 percent. On a seasonally adjusted monthly basis, industrial production slipped 5.6 percent, the biggest decrease since April.
2021-02-25
Austria Industrial Output Barely Grows in November
Industrial production in Austria rose 0.1 percent year-on-year in November of 2020, following a revised flat reading in the previous month. Output declined for capital goods (-2.6 percent vs -3.4 percent in October) while it slowed for energy (6.1 percent vs 15.3 percent) and consumer goods (0.3 percent vs 0.6 percent). Meanwhile, production advanced faster for intermediate goods (3.1 percent vs 0.2 percent). On a seasonally adjusted monthly basis, industrial output shrank 0.8 percent.
2021-01-25
Austria Industrial Output Shrinks for 7th Month
Industrial production in Austria fell 3.3 percent year-on-year in August of 2020, following a downwardly revised 3.7 percent decrease in July and marking the 7th consecutive month of falling output, due to disruptions caused by the Covid-19 pandemic. Production fell for capital goods (-12.2 percent vs -5.5 percent in July); intermediate goods (-1.4 percent vs -4.9 percent) and energy (-1.1 percent vs 1.3 percent). In contrast, output growth picked up for consumer goods (15.2 percent vs 5.9 percent). On a monthly basis, industrial production shrank 0.6 percent.
2020-10-23
Austria Industrial Output Extends Losses
Industrial production in Austria fell 4.4 percent year-on-year in July of 2020, following a downwardly revised 8.7 percent drop in June and marking the 6th consecutive month of falling output, due to disruptions caused by the coronavirus pandemic. Production fell less for energy (-0.7 percent vs -8.2 percent), capital goods (-6.6 percent vs -17 percent) and non-durable goods (-2.8 percent vs -4.2 percent) but rebounded for durable goods (5.8 percent vs -6.1 percent). On a monthly basis, production jumped 6.1 percent.
2020-09-25

Austria Industrial Production
In Austria, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector (69 percent of total production) including: machinery and equipment (9 percent); basic metals (6 percent); food products (6 percent); motor vehicles, trailers and semi-trailers (6 percent); fabricated metal products, except machinery and equipment (6 percent); and electrical equipment (5 percent). Electricity, gas, steam and air conditioning supply account for 15 percent of total output followed by construction (13 percent), water supply, sewerage and waste management (2 percent) and mining and quarrying (1 percent).