Austria´s industry in waiting position
The improvement trend that had begun in Austrian industry came to an end at the start of the second quarter. “The turbulence surrounding the erratic US tariff announcements has hardly had any impact on domestic industry so far. Although the UniCredit Bank Austria Purchasing Managers' Index fell, with a drop of just 0.3 points, the indicator was still above the average value for the first quarter at 46.6 points in April”, says UniCredit Bank Austria Chief Economist Stefan Bruckbauer and adds: “Once again, the threshold of 50 points, above which growth is signaled, was not reached. In view of the challenges ahead, the largely ongoing consolidation in manufacturing is surprising and speaks for the resilience of domestic producers.”
- The UniCredit Bank Austria Purchasing Managers' Index fell slightly to 46.6 points in April
- The decline in production slowed despite the accelerated decline in new business, mainly due to fewer foreign orders
- The significant slowdown in job cuts nevertheless dampened the improvement in productivity
- For the first time in six months, the increase in output prices exceeded the rise in costs
- Cautious inventory management led to an accelerated reduction in inventories of primary materials and finished goods
- Despite uncertainty caused by US tariff policy: the index of production expectations for the year rose significantly in April to 55.9 points, the highest value in ten months
UniCredit Bank Austria Purchasing Managers' Index (PDF)
as of 28 April, 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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