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. source: Markit Economics
Manufacturing PMI in Austria averaged 53.27 points from 2013 until 2022, 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 January 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.