The Unicredit Bank Austria Manufacturing PMI fell to a 22-month low of 51.2 in June of 2022 from 56.6 in the previous month. New orders fell at a sharply accelerated pace as high prices and economic uncertainty weakened customer demand. This coupled with material shortages led to a decline in production levels, although at a slower rate than new orders as firms were able to deplete backlogs of work. Still, the rate of factory employment was robust in June. Supply delays were once again widely reported, with shortages of materials and components being compounded by transportation issues. On the price front, rates of inflation cooled for the second month in a row, coinciding with the alleviation of some supply chain pressures, although they remained historically elevated. Looking ahead, output expectations turned negative for the first time since the initial COVID outbreak two years ago. source: Markit Economics

Manufacturing PMI in Austria averaged 53.54 points from 2013 until 2022, 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 June of 2022.

Manufacturing PMI in Austria is expected to be 52.30 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 55.50 points in 2023 and 56.50 points in 2024, according to our econometric models.

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Austria Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 51.20 56.60 points Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
51.20 56.60 67.00 31.60 2013 - 2022 points Monthly
SA

News Stream
Austria Manufacturing PMI at 22-Month Low
The Unicredit Bank Austria Manufacturing PMI fell to a 22-month low of 51.2 in June of 2022 from 56.6 in the previous month. New orders fell at a sharply accelerated pace as high prices and economic uncertainty weakened customer demand. This coupled with material shortages led to a decline in production levels, although at a slower rate than new orders as firms were able to deplete backlogs of work. Still, the rate of factory employment was robust in June. Supply delays were once again widely reported, with shortages of materials and components being compounded by transportation issues. On the price front, rates of inflation cooled for the second month in a row, coinciding with the alleviation of some supply chain pressures, although they remained historically elevated. Looking ahead, output expectations turned negative for the first time since the initial COVID outbreak two years ago.
2022-06-28
Austria Manufacturing PMI Slips to 16-Month Low
The Unicredit Bank Austria Manufacturing PMI fell to a 16-month low of 56.6 in April of 2022 from 57.9 in the previous month. New orders contracted for first time in nearly two years, amid sharp price increases and economic uncertainty. In contrast, production increased slightly faster than the five-month low seen in April, driven by improved production capabilities and deliberate efforts to tackle backlogs of work. Pre-production inventories rose more than stocks of finished goods as firms over-purchased inputs to boost safety stocks to mitigate against supply issues. On the price front, supply-demand imbalances and elevated costs of energy and transportation, led to a further sharp increase in input prices and a consequent quickening of output charges. Finally, expectations towards future output hit a near two-year low, as inflationary pressures, the Russia-Ukraine war and continued supply chain disruptions, weighed on business confidence.
2022-05-27
Austria Manufacturing PMI Hits 15-Month Low
The Unicredit Bank Austria Manufacturing PMI fell to 57.9 in March of 2022 from 59.3 in the previous month, pointing to the slowest expansion in factory activity since January 2021. The increase in production was the second-weakest seen in the past 15 months, while growth among new orders and employment also eased. On the price front, input cost soared to a six-month high and was close to the record levels seen in 2021 while firms continued to transfer additional cost burdens to clients. Finally, the manufacturer's expectations ticked up from March's 21-month low but remained subdued.
2022-04-27