The Unicredit Bank Austria Manufacturing PMI fell further to 61.8 in August of 2021 from 63.9 in the previous month, pointing to the slowest expansion in factory activity since February. New orders growth rate eased in August, down to the lowest in 6 months due to weaker growth in export sales. Production levels growth was also subdued this month amid supply bottlenecks of raw material and components. Low production level and low new order level led to the smallest rate of depletion of stocks of finished goods since March, although producers continued to use up the stocks to plug the gap between demand and supply. Meanwhile, imbalances between supply and demand kept both input costs and output prices elevated, although they eased from July's record highs. Looking forward, manufacturer’s expectations ticked up slightly since July and they have reported strong optimism for the coming year. source: Markit Economics
Manufacturing PMI in Austria averaged 53.05 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 September of 2021.
Manufacturing PMI in Austria is expected to be 54.10 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.