FX.co ★ Austria Industrial Output Growth Slightly Eases

In February 2025, Austria's industrial production experienced a year-on-year increase of 1.8%, marking a slight deceleration from the upwardly revised 2.0% expansion recorded in January, the highest in nearly two years. This modest deceleration can be attributed to a slower rise in the production of intermediate goods, which increased by 2.0% compared to 3.5% in January. Conversely, output continued its decline in sectors such as energy, consumer durables, and capital goods, although the decreases were less pronounced: energy dropped by 1.2% following a 6.6% fall; consumer durables decreased by 19.8%, compared to a previous 23.6% decline; and capital goods fell by 2.9%, down from 0.9%. Notably, the production of consumer non-durables saw a significant surge, rising by 11.5% compared to 4.7% in January. However, on a seasonally adjusted monthly basis, industrial production contracted by 1% in February, following a revised robust increase of 3.9% in January.