Austria´s industry takes small steps out of the trough
The positive trend in Austrian industry slowed significantly in March. “The UniCredit Bank Austria Purchasing Managers' Index rose only minimally by 0.2 points to 46.9 points in March, characterised by a very uneven development of the individual components. However, with the third increase in a row, the indicator reached its highest value for exactly two years,” says UniCredit Bank Austria Chief Economist Stefan Bruckbauer and adds: “However, the growth threshold of 50 points was once again clearly undercut. The current indicator thus signals a continuation of the recession in domestic industry, which at least gradually eased over the course of the first quarter of 2025.”
- The UniCredit Bank Austria Purchasing Managers' Index rose for the third month in a row in March to 46.9 points
- The decline in new business accelerated again and led to a slightly sharper fall in output in March
- Job losses slowed for the fourth month in a row
- The renewed rise in costs led to an increase in output prices for the first time in exactly two years
- Cost-conscious reduction of inventories in a weak demand environment
- Despite positive international data: Index of output expectations for the year fell to 51.0 points and is thus only just in positive territory
UniCredit Bank Austria Purchasing Managers' Index (PDF)
as of 27 March, 2025.
About UniCredit Bank Austria Purchasing Managers' Index
The UniCredit Bank Austria Purchasing Managers' Index offers an evaluation of the economic situation of Austrian industry by selected purchasing managers.
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