Austria Manufacturing PMI

The Unicredit Bank Austria Manufacturing PMI fell to 47.5 in June 2019 from 48.3 in the prior month, marking the deepest contraction in factory activity since November 2014. Both output and new orders declined, amid subdued demand from both domestic and external markets, linked to the autos industry. In particular, the decrease in export orders was the sharpest since October 2012. Subsequently, firms cut again their purchasing activity which led to the fastest improvement in delivery times since August 2012. Meantime, the rate of job creation softened. On the price front, input prices fell for the first time in 34 months, amid lower prices of metals and chemicals; but output charges were raised in order to bolster margins. Looking ahead, firms were broadly neutral about the outlook, as worries over the recent economic downturn, especially in the automotive sector, were in part offset by hopes for growth related to new product launches and the planned expansion into new markets. Manufacturing PMI in Austria is reported by Markit Economics.

Manufacturing PMI in Austria is expected to be 48.70 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 53.00 in 12 months time. In the long-term, the Austria Manufacturing PMI is projected to trend around 53.40 in 2020, according to our econometric models.

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Austria Business	Last	Previous	Highest	Lowest	Unit
Manufacturing PMI	47.50	48.30	64.30	46.90		[+]
Industrial Production	4.50	7.70	11.10	-15.20	percent	[+]
Industrial Production Mom	-1.40	-0.30	6.20	-4.10	percent	[+]
Manufacturing Production	2.40	6.50	16.50	-17.70	percent	[+]
Capacity Utilization	87.20	87.00	88.90	75.90	percent	[+]
New Orders	127.40	113.80	140.60	74.50	Index Points	[+]
Car Registrations	42091.00	45967.00	60813.00	10468.00		[+]
Internet Speed	14100.00	13912.44	14100.00	3287.10	KBps	[+]
IP Addresses	2593521.00	2644031.00	3091940.00	1375112.00	IP	[+]
Steel Production	652.25	714.71	734.81	235.00	Thousand Tonnes	[+]
Mining Production	-0.70	12.50	29.60	-28.80	percent	[+]
Competitiveness Index	76.34	76.15	76.34	5.08	Points	[+]
Competitiveness Rank	22.00	21.00	23.00	14.00		[+]
Business Confidence	-2.80	-4.10	15.20	-37.80	Index Points	[+]
Corruption Index	76.00	75.00	87.00	69.00	Points	[+]
Corruption Rank	14.00	16.00	26.00	10.00		[+]
Ease of Doing Business	26.00	22.00	32.00	18.00		[+]
Electricity Production	6432.00	6215.00	6828.00	4275.00	Gigawatt-hour	[+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	47.50	48.30	64.30	46.90	2013 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	52.70	May/19	54.8	62.5 : 29.47
Brazil	50.20	May/19	51.5	53.5 : 41.6
Canada	49.10	May/19	49.7	57.1 : 47.5
China	50.20	May/19	50.2	52.3 : 47.2
Euro Area	47.80	Jun/19	47.7	60.6 : 33.5
France	52.00	Jun/19	50.6	58.8 : 42.7
Germany	45.40	Jun/19	44.3	63.3 : 32
India	52.70	May/19	51.8	55 : 47.9
Indonesia	51.60	May/19	50.4	58.5 : 46.4
Italy	49.70	May/19	49.1	59 : 47.4
Japan	49.50	Jun/19	49.8	56.2 : 29.6
Mexico	50.00	May/19	50.1	57.1 : 49.2
Netherlands	52.20	May/19	52	63.4 : 48
Russia	49.80	May/19	51.8	54.7 : 47.6
Saudi Arabia	57.30	May/19	56.8	61.8 : 51.4
Singapore	49.90	May/19	50.3	53.1 : 48.3
South Africa	45.40	May/19	47.2	60.87 : 35.09
South Korea	48.40	May/19	50.2	52.6 : 45.7
Spain	50.10	May/19	51.8	56.1 : 41.1
Switzerland	48.60	May/19	48.5	66.9 : 32.8
Turkey	45.30	May/19	46.8	55.7 : 42.7
United Kingdom	49.40	May/19	53.1	61.5 : 34.4
United States	50.10	Jun/19	50.5	57.9 : 50.1