The UniCredit Bank Austria Manufacturing PMI fell to 60.6 in October of 2021 from 62.8 in the previous month, pointing to the slowest expansion in factory activity since February. Output and new orders rose the least in nine months, amid reports of shortages of input materials, supply chain issues, price pressures and weaker demand, especially in the automotive sector. Stocks of finished goods rose for the first time in 16 months due to postponement or cancellation of orders by some customers, and due to deliberate safety stock building by some manufacturers. Meanwhile, the pace of factory job creation remained strong. On the price front, input price inflation was just below July's all-time high, while output prices increased the most on record as manufacturers passed higher input costs to customers. Looking ahead, manufacturers' expectations were the weakest since last November as they showed less optimism towards output for the coming year. source: Markit Economics
Manufacturing PMI in Austria averaged 53.21 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 October of 2021.
Manufacturing PMI in Austria is expected to be 52.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Manufacturing PMI is projected to trend around 54.50 points in 2022, according to our econometric models.