The Unicredit Bank Austria Manufacturing PMI remained in contraction at 48.4 in January of 2023, pointing to sixth consecutive month of contraction although showing stabilization towards the start of the year. New orders continued to decline notably in January but recorded as weakest in six months, due to tight financial conditions and economic uncertainty among clients. Input cost inflation retreated sharply to its lowest in over two years, while output was moving closer to stabilization due to improved lead times on inputs and a slower fall in new orders. Meanwhile, employment continued to show more ongoing job creations across manufacturing sectors as firms looked to fill job vacancies. Looking ahead, manufacturers turned positive for the first time in eight months. source: Markit Economics

Manufacturing PMI in Austria averaged 53.23 points from 2013 until 2023, reaching an all time high of 67.00 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 February of 2023.

Manufacturing PMI in Austria is expected to be 50.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Austria Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 48.40 47.30 points Jan 2023

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
48.40 47.30 67.00 31.60 2013 - 2023 points Monthly
SA

News Stream
Austria Manufacturing PMI Contracts at Softer Pace in January
The Unicredit Bank Austria Manufacturing PMI remained in contraction at 48.4 in January of 2023, pointing to sixth consecutive month of contraction although showing stabilization towards the start of the year. New orders continued to decline notably in January but recorded as weakest in six months, due to tight financial conditions and economic uncertainty among clients. Input cost inflation retreated sharply to its lowest in over two years, while output was moving closer to stabilization due to improved lead times on inputs and a slower fall in new orders. Meanwhile, employment continued to show more ongoing job creations across manufacturing sectors as firms looked to fill job vacancies. Looking ahead, manufacturers turned positive for the first time in eight months.
2023-01-27
Austria Factory Sector Remains in Contraction
The UniCredit Bank Austria Manufacturing PMI remained in contraction at 47.3 in December of 2022, slightly up from 46.6 in November, and marking its fifth consecutive month of contraction. The downturn was mainly led by the new orders components which remained deep in contraction territory. Inputs fell sharply, marking its sixth straight month of decline while output eased as its rate of contraction was far weaker than new orders and only modest overall. Meanwhile, factory employment continued to show a more robust trend than the other survey indicators, as firms continued to fill up job vacancies. Looking ahead, manufacturers remained pessimistic about the outlook despite easing of price pressures, due to concerns about a broad economic slowdown, tightening financial conditions and high energy costs.
2022-12-28
Austria Manufacturing Contracts for 4th Month
The Unicredit Bank Austria Manufacturing PMI was unchanged at 46.6 in November 2022, remaining at its lowest level since June 2020 and pointing to a fourth straight month of contraction. The downturn was mainly led by the continued drop in inflows of new orders, although the rate of decline eased from October's 29-month record. Surveyed firms noted that demand for manufactured goods weakened due to high inflation, caution among clients, and lack of appetite for investment and full warehouses. On the price front, input price inflation eased to the slowest for nearly two years amid a further alleviation of supply-chain constraints, but remained high overall. Meanwhile, there were further increases in employment linked in part to the filling of job vacancies. Looking ahead, businesses were less pessimistic about the 12-month outlook, with expectations improving from October’s two-and-a-half year low. Still, firms worried about energy costs, high inflation and a broader economic slowdown.
2022-11-28