The Unicredit Bank Austria Manufacturing PMI rose to 54 in October of 2020 from 51.7 in the prior month. The latest reading pointed to the strongest expansion since November of 2018, as both output and new orders grew much faster on the back of improving demand. As a result, purchasing activity rose strongly, recording the steepest increase in almost two years. Meanwhile, jobs continued to be shed for the eighth consecutive month amid efforts to save costs. On the price front, inflationary pressure on both input costs and output prices was modest. Lastly, sentiment weakened slightly for the first time in six months. source: Markit Economics

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 October of 2020.

Manufacturing PMI in Austria is expected to be 50.30 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 54.10 in 12 months time. In the long-term, the Austria Manufacturing PMI is projected to trend around 52.80 points in 2021 and 54.50 points in 2022, according to our econometric models.

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Austria Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
54.00 51.70 64.30 31.60 2013 - 2020 points Monthly
SA


News Stream
Austria Factory Activity Growth at Near 2-Year High
The Unicredit Bank Austria Manufacturing PMI rose to 54 in October of 2020 from 51.7 in the prior month. The latest reading pointed to the strongest expansion since November of 2018, as both output and new orders grew much faster on the back of improving demand. As a result, purchasing activity rose strongly, recording the steepest increase in almost two years. Meanwhile, jobs continued to be shed for the eighth consecutive month amid efforts to save costs. On the price front, inflationary pressure on both input costs and output prices was modest. Lastly, sentiment weakened slightly for the first time in six months.
2020-10-28
Austria Factory Activity Continues to Recover
The Unicredit Bank Austria Manufacturing PMI ticked up to 51.7 in September of 2020 from 51 in the previous month. The latest reading was still down slightly on July's recent high, however, and indicative of only a modest rate of improvement in overall manufacturing conditions. September saw further increases in output and new orders, with the respective rates of growth still solid but slower than at the start of the recovery. Stronger output expectations and rising backlogs of work meanwhile helped slow the rate of factory job shedding to the weakest since the start of the virus outbreak.
2020-09-28
Austria Manufacturing Recovery Slows
The Unicredit Bank Austria Manufacturing PMI fell to 51 in August of 2020 from 52.8 in July, pointing to a loss of momentum in the manufacturing recovery from a big plunge in April and May. Rates of growth in both output and new orders were slower than in July, and the pace of staff cuts across the sector quickened for the first time in four months. There was also a renewed decline in buying levels amid efforts to streamline stocks, although confidence towards future output continued to improve.
2020-08-27
Austria Manufacturing Sector Returns to Growth in July
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.
2020-07-29

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.