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Industrial Sector

Statistics Austria: IPP Down by 0.8%

Industrial producer prices in July 2014 are down -0.8% compared to July 2013.

August 29, 2014

Austria: IPP Down by 1.2%

Industrial producer prices are down by 1.2% in April 2014 compared to April 2013; stable development against previous month.

May 30, 2014

Austria: Marginally Increasing Production Trends in Industry and Construction

The 62.305 enterprises (+1.2% compared to the previous year) in the entire industry and construction sector turned over a total of €37.9 bn (±0.0%).

May 30, 2014

Czech Economy: Good Prospects for Sustainable Recovery

The Czech economy is expected to return to growth already in the first half of 2014. Growth will not be only based on exports.

January 10, 2014

Austrian Business Location in Danger?

The Federation of Austrian Industries (IV) has carried out a survey on the Austrian business location. Most interviewees are pessimistic.

December 14, 2013

Construction Industry Remains Weak Point of Slovenian Industrial Sector

Slovenia´s industrial sector records a decline in employment and investments. Despite the economic downward trend, the energy sector achieves growing turnover figures.

November 16, 2013

Czech Republic: Overall Confidence Grows

According to the Czech statistial office, the increase in confidence in the Czech economy continues.

October 24, 2013

Poland: Economy Below Potential

In the first half of 2013, investments dropped significantly. Consumption was up moderately. In total, Poland´s economic growth accelerates gradually.

October 22, 2013

Croatia: EU-Membership Did Not Help Yet

In the first months of its EU membership, the situation in Croatia´s industrial sector deteriorated further.

October 19, 2013

Hungary’s Industrial Output Growth Exceeds EU average

In August this year, industrial performance – according to workday-adjusted data – increased by 0.9 percent in comparison to the corresponding period of 2012.

October 17, 2013

IMF: „Banks and Companies in a Vicious Circle“

Not only Greece, Spain or Portugal are struggling with a financially stricken banking sector. In Southeastern Europe, the situation is quite similar.

October 11, 2013

Slovakia: Mixed Employment Situation

In Slovakia, employment fell in the construction industry and in the manufacturing industry. Wages were up in most sectors.

October 11, 2013

Slovakia: Industrial Production Grows Moderately

Industrial production index (IPI) increased by 4,4 % in August, compared with August 2012 as a result of a rise in manufacturing by 6,4 %. Production fell in electricity, gas, steam and air-conditioning supply by 7,1 %, in mining and quarrying by 11,7 %.

October 10, 2013

Czech Inflation Below Expectations

The Czech inflation rate slowed down to 1.0% in September. In the next months, the country faces a stagnating economy in the best case.

October 9, 2013

Romania Under Observation

The IMF wants Romania´s government to put more effort in austerity measures, market liberalization and privatization of state-owned assets.

October 9, 2013

Czech Republic: Construction Industry Still Contracts

In August 2013 the construction output decreased by 8.1%, year-on-year (y-o-y).

October 8, 2013

Czech Industrial Sector Remains Growth Engine

In August 2013, industrial production increased at constant prices by 1.6%, year-on-year.

October 8, 2013

Romania: Recovery Depends on External Factors

Thanks to foreign demand and foreign investors, Romania´s economy accelerates. However, domestic demand is still the country´s weak point.

October 4, 2013

Austrian Industrial Sector Remains Cautious

Although the macro-economic frame conditions have brightened a bit, the outlook is mixed.

September 27, 2013

Poland: Recovery Remains Fragile

Poland´s economy has bottomed out. However, the recovery mainly depends on foreign demand.

September 26, 2013

Czech Republic: Recession Is Not Managed Yet

This year, the Czech GDP is expected to contract by 1.1%, the Czech Ministry of Finance forecasts.

September 26, 2013

Hungary: Competitiveness of Industrial Sector Shrinks

Regarding Hungary´s competitiveness, there is a clear downward trend. This year, Hungary is expected to achieve an economic turnaround.

September 24, 2013

CNB: No Monetary Interventions Necessary

The Czech Republic´s economy moves forward slowly. A weaker koruna is not necessary.

September 24, 2013

Romania: High Dependence from FDI

Without the inflow of foreign direct investments, Romania´s economy would shrink. The industrial sector is highly controlled by foreign investors.

September 21, 2013

Slovakia: Economic Forecasts Improves

The economic perspective for Slovakia remains rather gloomy. In 2014, Slovakia´s economy will reach the turnaround.

September 21, 2013

Poland: Industrial Output Indicates Upswing

In August, Poland´s industrial production was up for the third month in a row. Due to the growing exports to the Eurozone, Poland is recovering.

September 18, 2013

Czech Republic: No Further Monetary Easing

As long there are no risks of deflation, the Czech National Bank will leave the current monetary policy unchanged. Further easing measures are not necessary.

September 15, 2013

Hungary: Another Base Rate Cut

Hungary´s National Bank (MNB) has cut the base rate from 4.00% to 3.80%. This is a new record low. Nevertheless, MNB was expected to decide a lower cut.

August 31, 2013

Czech Republic: GDP to Shrink Further

The Czech Republic will not leave the recession behind soon. The economic forecasts had to be revised again.

August 31, 2013

Austria: Fekter Does Not Publish Controversial Industrial Location Study

According to a recent study on the quality of Austria´s industrial location, the number of leaving multinational companies is growing.

August 25, 2013

Czech Republic: SME Suffer from Credit Crunch

The recession in the Czech Republic is mainly due to the restrictive lending policy of the domestic banking sector.

August 24, 2013

CESEE Faces Economic Recovery

According to Moody´s, the economic outlook for Central, Eastern and Southeastern Europe is positive. Nevertheless, the recovery is still fragile.

August 24, 2013

Poland´s Economic Growth Accelerates

In the second quarter of 2013, the annual growth rate came at 0.8%. Due to combined monetary and fiscal measures, the outlook is positive.

August 17, 2013

Russia: Consumer Debt Grows Persistently

Russia´s Central Bank wants to stop the increasing debt servicing costs for Russian households.

August 2, 2013

Russia: Inflation on the Rise

In the first six months of 2013, the inflation rate came at 3.5%. Compared to the reference period of 2012, the inflation rate was up by 0.4 percentage points.

July 23, 2013

Poland: Economic Trend Reversal Likely

In the 1st half of 2013, together with still unfavourable business tendencies on global markets, the economic slowdown maintained in Poland. However, forecasts give reason for cautious optimism..

July 23, 2013

Russia: Recession Not Excluded Anymore

Above all, Russia suffers from a shrinking industrial sector and a decline in foreign direct investments.

July 22, 2013

Vienna: Industrial Sector Shrinks

The Viennese industrial sector faces hard times. Not only the number of workers, but also the order intake is decreasing substantially.

July 18, 2013

Austrian Industrial Sector Fears Drop in Exports

In the first five months of 2012, Austrian exports were only up by 3%. The outlook is rather gloomy. The Austrian Chamber of Commerce demonstrates pessimism.

July 18, 2013

Austria: Consumer Confidence Negative

Today, Bank Austria has published its monthly economic indicator. Domestic demand will not grow this year, Bank Austria says.

July 16, 2013

Czech Republic: Contruction Industry Sees Further Declines

In January 2013 the construction output declined by 9.3%, year-on-year (y-o-y). The planning and building control authorities granted by 4.1% more building permits, y-o-y, and the approximate value of permitted constructions dropped by 31.7%, y-o-y.

March 15, 2013

Hungary: Industrial Production Continues to Shrink

In January 2013, industrial gross output was down by 1.4% year-on-year.

March 14, 2013

Slovak Industrial Sector Continues to Grow

The Slovak Statistical Office has published the turnover figures in selected sectors of economy in January 2013.

March 13, 2013

Romania: Construction Output Goes Down

Volume of construction works, series adjusted with the working days number and seasonality, registered a decrease of 2.3% in January 2013, compared to December 2012.

March 13, 2013

Hungary: GDP Fell by 2.7%

The gross domestic product of Hungary decreased by 2.7% in the fourth quarter of 2012 compared to the corresponding period of the previous year.

March 8, 2013

Hungary: Industrial Production Continues Decreasing

According to preliminary data, the Hungarian industrial production decreased by 1.4% in January.

March 7, 2013

“Austrian Industry Still Taking a Breather”

Signs of a stabilisation emerging in employment. |Reduced cost pressure as a result of current price trends. | Delayed spring awakening in industry may provide too little support for a GDP increase in the first quarter of 2013.

March 5, 2013

Ukraine´s Economy Stagnates

According to the preliminary estimate by the State Statistics Committee, Ukraine’s GDP grew 0.2% yoy in 2012, thus decelerating from 5.2% yoy in 2011.

February 20, 2013

CESEE Region Still Has Enormous Growth Potential

“CEE growth drivers intact but innovation is needed to start convergence 2.0” Erste Group says.

February 20, 2013

CESEE: Stress of Competition is Growing

CEE significantly more industrialized than euro area (30% vs. 19%) but still needs to catch up in terms of competitiveness.

February 20, 2013