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.

Austria Manufacturing PMI
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


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 128.30 127.40 140.60 74.50 Index Points [+]
Car Registrations 44544.00 42091.00 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 645.85 652.25 734.81 235.00 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 -6.40 -2.80 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 6410.00 6432.00 6828.00 4275.00 Gigawatt-hour [+]


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. 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 July of 2019.

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




Country Last Previous
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19


Related

Latest