The UniCredit Bank Austria Manufacturing PMI climbed to 67 in June of 2021 from 66.4 in the previous month. The latest reading pointed to the third consecutive record growth in the factory sector, driven by an ongoing surge in new orders as demand continued to recover from the effects of the COVID-19 pandemic. Production levels were raised further, although the pace of output growth eased amid constraints from supply shortages. Lengthening input lead-times and sharply rising backlogs of work underscored a general imbalance between supply and demand, which in turn helped push up rates of inflation of both input costs and output prices to new record highs at the end of the second quarter. There were widespread hopes of a sustained recovery in demand over the next 12 months, and an eventual easing of supply chain disruption. source: Markit Economics

Manufacturing PMI in Austria averaged 52.85 points from 2013 until 2021, reaching an all time high of 67 points in June of 2021 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 July of 2021.

Manufacturing PMI in Austria is expected to be 65.50 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 52.80 in 12 months time. In the long-term, the Austria Manufacturing PMI is projected to trend around 54.50 points in 2022, according to our econometric models.

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Austria Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
67.00 66.40 67.00 31.60 2013 - 2021 points Monthly
SA


News Stream
Austria Manufacturing PMI at New Record High in June
The UniCredit Bank Austria Manufacturing PMI climbed to 67 in June of 2021 from 66.4 in the previous month. The latest reading pointed to the third consecutive record growth in the factory sector, driven by an ongoing surge in new orders as demand continued to recover from the effects of the COVID-19 pandemic. Production levels were raised further, although the pace of output growth eased amid constraints from supply shortages. Lengthening input lead-times and sharply rising backlogs of work underscored a general imbalance between supply and demand, which in turn helped push up rates of inflation of both input costs and output prices to new record highs at the end of the second quarter. There were widespread hopes of a sustained recovery in demand over the next 12 months, and an eventual easing of supply chain disruption.
2021-06-28
Austria Factory Activity Growth Rises to New All-Time High
The Unicredit Bank Austria Manufacturing PMI rose to 66.4 in May of 2021 from 64.7 in the previous month, pointing to a record growth in the factory sector. Austrian manufacturers experienced record increases for new orders and output, driven by stronger external demand, a recovery in investment spending and the easing of lockdown restrictions. Widespread urgency to boost capacity as backlogs increased at record pace, led to a pick-up in the rate of job creation that stood at a 3-year high. Additionally, supply-side conditions continued to worsen amid severe material shortages and rising delivery delays, which pushed both cost inflation and factory gate charges to a survey high. At last, business confidence eased further to a 4-months low, as manufacturers remain generally positive about next year’s outlook, while stating concerns regarding the ongoing supply issues.
2021-05-27
Austria Factory Activity Growth at All-Time High
The Unicredit Bank Austria Manufacturing PMI went up to 64.7 in April of 2021 from 63.4 in the previous month, thus reaching the highest value since the beginning of the series in 1998. Austrian manufacturers experienced the fastest rise in new orders in over two decades helped by improving demand from both external and domestic markets, which led not only to a robust output growth, but also to a record increase in backlogs of work. At the same time, stocks of finished goods fell at a faster rate, amid difficulties in keeping up with demand and input delivery delays. In addition, the rate of job creation continued to gain momentum, as firms attempted to expand capacity. On the price front, input cost inflation hit an all-time high, while factory gate charges rose the most since 2011. Looking ahead, business optimism was among the strongest since this series began in 2012, despite a small dip in comparison to the previous month.
2021-04-28
Austria Factory Activity Growth at Near All-Time High
The Unicredit Bank Austria Manufacturing PMI rose to 63.4 in March of 2021 from 58.3 in the previous month, pointing to the second highest growth rate in factory activity ever, only behind the value recorded in in December of 2017. Near-record growth rates in orders due to recovering investment spending, the easing of lockdown restriction and concerns about longer lead times, made output levels increase significantly which in turn made producers increase their operating capacity through the expansion of employment levels. However, supply shortages and higher freight charges put further upward pressure on purchase prices which rose at the second strongest pace on record. Still, expectations for the year ahead improved to the second highest ever.
2021-03-29

Austria Manufacturing PMI
In Austria, the Bank Austria Manufacturing PMI measures the performance of the manufacturing sector. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.