The UniCredit Bank Austria Purchasing Managers' Index offers an evaluation of the economic situation of Austrian industry by selected purchasing managers.
Industrial activity in Austria is still better than in the euro area
- UniCredit Bank Austria Purchasing Managers’ Index signalises strong growth of the processing industry in Austria, in spite of a decline to 53.8 points in October
- Due to a further increase in domestic demand, the order situation remained at a high, stable level; however, export orders declined in comparison to the previous month
- Production was expanded at an unchanged speed in October; however, the rise in employment has slowed down slightly
- Austria's industry remains optimistic, although medium-term business expectations are falling significantly
as of 29 October 2018.