The Unicredit Bank Austria Manufacturing PMI went up to 64.7 in April of 2021 from 63.4 in the previous month, thus reaching the highest value since the beginning of the series in 1998. Austrian manufacturers experienced the fastest rise in new orders in over two decades helped by improving demand from both external and domestic markets, which led not only to a robust output growth, but also to a record increase in backlogs of work. At the same time, stocks of finished goods fell at a faster rate, amid difficulties in keeping up with demand and input delivery delays. In addition, the rate of job creation continued to gain momentum, as firms attempted to expand capacity. On the price front, input cost inflation hit an all-time high, while factory gate charges rose the most since 2011. Looking ahead, business optimism was among the strongest since this series began in 2012, despite a small dip in comparison to the previous month. source: Markit Economics

Manufacturing PMI in Austria averaged 52.56 points from 2013 until 2021, reaching an all time high of 64.70 points in April 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 May of 2021.

Manufacturing PMI in Austria is expected to be 55.50 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 52.80 in 12 months time. In the long-term, the Austria Manufacturing PMI is projected to trend around 54.50 points in 2022, according to our econometric models.

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Austria Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
64.70 63.40 64.70 31.60 2013 - 2021 points Monthly
SA


News Stream
Austria Factory Activity Growth at All-Time High
The Unicredit Bank Austria Manufacturing PMI went up to 64.7 in April of 2021 from 63.4 in the previous month, thus reaching the highest value since the beginning of the series in 1998. Austrian manufacturers experienced the fastest rise in new orders in over two decades helped by improving demand from both external and domestic markets, which led not only to a robust output growth, but also to a record increase in backlogs of work. At the same time, stocks of finished goods fell at a faster rate, amid difficulties in keeping up with demand and input delivery delays. In addition, the rate of job creation continued to gain momentum, as firms attempted to expand capacity. On the price front, input cost inflation hit an all-time high, while factory gate charges rose the most since 2011. Looking ahead, business optimism was among the strongest since this series began in 2012, despite a small dip in comparison to the previous month.
2021-04-28
Austria Factory Activity Growth at Near All-Time High
The Unicredit Bank Austria Manufacturing PMI rose to 63.4 in March of 2021 from 58.3 in the previous month, pointing to the second highest growth rate in factory activity ever, only behind the value recorded in in December of 2017. Near-record growth rates in orders due to recovering investment spending, the easing of lockdown restriction and concerns about longer lead times, made output levels increase significantly which in turn made producers increase their operating capacity through the expansion of employment levels. However, supply shortages and higher freight charges put further upward pressure on purchase prices which rose at the second strongest pace on record. Still, expectations for the year ahead improved to the second highest ever.
2021-03-29
Austria Factory Activity Growth at 3-Year High
The Unicredit Bank Austria Manufacturing PMI rose to 58.3 in February of 2021 from 54.2 in the previous month. The latest reading pointed to the strongest expansion in factory activity since February 2018, boosted by accelerated growth in both output and new order levels. The rate of factory job creation quickened to the fastest for more than two years as firms looked to expand capacity and showed increased optimism towards the year-ahead outlook for activity. At the same time, however, there was a further intensification of supply chain pressures, with record numbers of goods producers facing delivery delays. Accordingly, input cost inflation spiked to a near-decade high. Lastly, February's survey showed business confidence towards future output at its highest in over three years.
2021-02-24
Austria Factory Sector Growth Quickens in December
The Unicredit Bank Austria Manufacturing PMI rose to 53.5 in December of 2020 from 51.7 in the previous month. The latest reading was the second-highest in the past two years, pointing to a solid overall improvement in manufacturing conditions. Output, new orders and export orders grew solidly and at a faster pace. Also, purchasing activity went up. At the same time, the rate of decline in employment eased for the second month running and was the weakest seen since payroll numbers began falling in March. On the price front, the rate of input cost inflation was the sharpest since January 2019, amid reports of higher prices for a range of metals, chemicals and plastics. Looking ahead, business sentiment was the strongest since February of 2018, linked to recent positivity around the development of COVID-19 vaccines.
2020-12-29

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.