Industrial production in Austria fell by 1.3% year-on-year in October 2024, easing from a revised 2.4% decline in the previous month. This marked the tenth consecutive period of contraction in industrial activity, with output decreasing further for capital goods (-2.9% vs -1.5% in September) and a renewed decline in consumer non-durables (-0.9% vs 3.3%). Production also continued to shrink, albeit at a slower pace, for intermediate goods (-6.2% vs -6.8%) and consumer durables (-13.5% vs -13.6%). Meanwhile, activity rebounded sharply in the energy sector (6.4% vs -3.2%). On a seasonally adjusted monthly basis, industrial output rose by 1.5%, broadly recovering from a 1.1% drop in September. source: Statistik Austria
Industrial Production in Austria decreased 1.30 percent in October of 2024 over the same month in the previous year. Industrial Production in Austria averaged 2.94 percent from 1997 until 2024, reaching an all time high of 34.00 percent in April of 2021 and a record low of -21.40 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 January of 2025.
Industrial Production in Austria decreased 1.30 percent in October of 2024 over the same month in the previous year. Industrial Production in Austria is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Industrial Production is projected to trend around 1.00 percent in 2025 and -0.10 percent in 2026, according to our econometric models.