Austria’s industrial production increased by 2.1 percent year-on-year in December 2016, easing from an upwardly revised 3.6 percent growth in the previous month, as output rose at a slower pace for manufacturing (3.5 percent from 3.9 percent in November) and electricity, gas, steam and air conditioning supply (7.7 percent from 8.5 percent). By contrast, output fell for: Construction (-0.6 percent from 2.1 percent in November); mining and quarrying (-9.9 percent from 14 percent); and water supply and waste disposal (-11.3 percent from -6 percent). Considering 2016 full year, industrial output grew by 1.7 percent over 2015. Industrial Production in Austria averaged 2.22 percent from 2001 until 2016, reaching an all time high of 11.10 percent in January of 2001 and a record low of -15.20 percent in May of 2009.
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In Austria, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 69 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (9 percent of total production); 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; and construction accounts for 13 percent, of which building construction accounts for 4 percent and civil engineering accounts for 3 percent. Water supply, sewerage and waste management account for 2 percent of production, and mining and quarrying account for only 1 percent. 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 – actual data, historical chart and calendar of releases – was last updated on February of 2017.