The manufacturing Purchasing Managers' Index (PMI) in Austria remained unchanged at 43 in February 2024, according to data from Unicredit Bank. This indicator reflects the health of the manufacturing sector, with a reading below 50 indicating contraction. The latest figure shows that the Austrian manufacturing industry continues to face challenges, as it has held steady at the same level recorded in January 2024.
The report, released by Unicredit Bank Austria, provides valuable insight into the performance of the manufacturing sector in the country. Despite the unchanged PMI figure, economists and analysts will closely monitor future data releases to assess any potential changes in the sector. The data was updated on 27 February 2024, highlighting the most recent developments in Austria's manufacturing industry.
