The Unicredit Bank Austria Manufacturing PMI fell to 51 in August of 2020 from 52.8 in July, pointing to a loss of momentum in the manufacturing recovery from a big plunge in April and May. Rates of growth in both output and new orders were slower than in July, and the pace of staff cuts across the sector quickened for the first time in four months. There was also a renewed decline in buying levels amid efforts to streamline stocks, although confidence towards future output continued to improve.

Manufacturing PMI in Austria averaged 52.21 points from 2013 until 2020, 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 September of 2020. source: Markit Economics

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. Looking forward, we estimate Manufacturing PMI in Austria to stand at 55.50 in 12 months time. In the long-term, the Austria Manufacturing PMI is projected to trend around 52.80 points in 2021 and 54.50 points in 2022, according to our econometric models.

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Austria Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
51.00 52.80 64.30 31.60 2013 - 2020 points Monthly
SA


News Stream
Austria Manufacturing Recovery Slows
The Unicredit Bank Austria Manufacturing PMI fell to 51 in August of 2020 from 52.8 in July, pointing to a loss of momentum in the manufacturing recovery from a big plunge in April and May. Rates of growth in both output and new orders were slower than in July, and the pace of staff cuts across the sector quickened for the first time in four months. There was also a renewed decline in buying levels amid efforts to streamline stocks, although confidence towards future output continued to improve.
2020-08-27
Austria Manufacturing Sector Returns to Growth in July
The UniCredit Bank Austria Manufacturing PMI rose to 52.8 in July 2020 from 46.5 in the previous month, pointing to the steepest month of expansion in the sector since December 2018 as the economy continued to recover from the coronavirus crisis. Output and new orders increased markedly, while employment continued to fall.
2020-07-29
Austria Factory Activity Remains Weak in June
The Unicredit Bank Austria Manufacturing PMI increased to 46.5 in June 2020 from 40.04 in the previous month. The latest reading pointed to the weakest contraction in four months, amid the further easing of coronavirus lockdown restrictions. Output shrank at a softest pace in the current four-month sequence of contraction and new orders dropped at the slowest rate since February as domestic demand firmed up more quickly than foreign. The job shedding rate eased to a four-month low, while stocks of finished goods rose albeit at a softer pace. On the price front, input prices declined at the fastest rate since July 2012 amid weak demand for raw materials and semi-manufactured goods, and output charges dropped at the greatest extent since May 2009 linked to widespread discounting due to strong competition for new work. Lastly, sentiment remained negative amid concerns over a potential longer-term squeeze on consumer spending.
2020-06-26
Austria Manufacturing PMI Second-Lowest on Record
The Unicredit Bank Austria Manufacturing PMI rose to 40.4 in May 2020 from an all-time low of 31.6 in the previous month. Still, the latest reading pointed to the second sharpest contraction in factory activity on record amid the coronavirus crisis. Output shrank for the third consecutive month albeit at a slower pace as some firms reopened operations; and new orders continued to fall amid reports of client closures and general hesitancy. The job shedding rate slowed, still it was the second-fastest seen in over a decade. On the price front, input prices declined at the quickest pace since July 2018 due to lower oil prices, and output charges dropped at the steepest rate in 11 years. Finally, sentiment remained negative amid worries over potential long-lasting effects from the covid-19 pandemic on demand.
2020-05-27

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.