Uncertainties weigh more heavily on the industrial economy again in the middle of the year
"The turbulence surrounding the intensification of geopolitical uncertainties due to the conflict between Israel and Iran and the associated risks of sharply rising energy prices weighed somewhat more heavily on domestic industry again in June. The UniCredit Bank Austria Purchasing Managers' Index fell to 47.0 points. However, the indicator still reached its second-highest level in around two and a half years," says UniCredit Bank Austria Chief Economist Stefan Bruckbauer, adding: "The indicator moved further away from the 50-point mark, above which a stable economic recovery would be signalled. The weak phase in domestic industry thus continued in the middle of the year."
- The UniCredit Bank Austria Purchasing Managers' Index fell to 47.0 points in June
- Slight reduction in output following an accelerated decline in new business
- The pace of job cuts increased significantly in June
- Suppliers´ delivery times increased for the first time in 2.5 years
- Price reductions coupled with barely falling costs had a negative impact on earnings
- Escalation of the Israel-Iran conflict with the risk of sharply rising energy prices dampen optimism
- The index of production expectations for the year fell to 55.4 points in June, but once again exceeded the long-term average value
UniCredit Bank Austria Purchasing Managers' Index (PDF)
as of 26 June, 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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