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. source: Markit Economics

Manufacturing PMI in Austria averaged 52.32 points from 2013 until 2021, 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 February of 2021.

Manufacturing PMI in Austria is expected to be 51.80 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
58.30 54.20 64.30 31.60 2013 - 2021 points Monthly
SA


News Stream
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 Factory Activity Recovery Slows in November
The Unicredit Bank Austria Manufacturing PMI fell to 51.7 in November of 2020 from 54 in the previous month. Output, new orders and export orders grew at a slower pace. Meantime, jobs continued to be shed for the ninth month running, though less than in October, amid efforts to cut costs. On the price front, input price inflation ticked up to the quickest since March 2019, partly reflecting increased supply chain pressures, with November seeing average lead times on inputs lengthen to the greatest extent since April. Meantime, output charge inflation eased and was only marginal overall, amid higher competitive pressures. Looking ahead, firms remained optimistic towards production over the next 12 months, with the degree of confidence improving slightly from October.
2020-11-26
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 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.