The UniCredit Bank Austria Manufacturing PMI rose to 52.8 in July 2020 from 46.5 in the previous month, pointing to the steepest month of expansion in the sector since December 2018 as the economy continued to recover from the coronavirus crisis. Output and new orders increased markedly, while employment continued to fall.
Manufacturing PMI in Austria averaged 52.23 points from 2013 until 2020, reaching an all time high of 64.30 points in December of 2017 and a record low of 31.60 points in April of 2020. This page provides the latest reported value for - Austria Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Markit Economics
Manufacturing PMI in Austria is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Austria to stand at 50.00 in 12 months time. In the long-term, the Austria Manufacturing PMI is projected to trend around 51.00 points in 2021 and 52.00 points in 2022, according to our econometric models.