Financial News: Austria Manufacturing Downturn Continues In April

Austria Manufacturing Downturn Continues In April

04/28/2025 - 06:50:00 (RTTNews)

(RTTNews) - Austria's manufacturing activity deteriorated further in April amid an accelerated decline in new orders, survey results from S&P Global showed on Monday.

The UniCredit Bank Austria Manufacturing Purchasing Managers' Index dropped to a 3-month low of 46.6 in April from 46.9 in March. Any score below 50.0 suggests contraction.

New orders fell sharply in April due to widespread hesitancy amongst clients amid a backdrop of economic and geopolitical uncertainty. Foreign demand was also weaker as new export orders fell at a faster pace.

Despite falling further, output declined at the slowest pace in the current downturn, which began midway through 2022. Similarly, the pace of job shedding eased to the softest level in almost two years.

On the price front, input prices showed a slight increase in April, led by higher energy and raw material costs along with wage pressures. Nonetheless, both input and output price inflation moderated.

Looking ahead, business expectations over the next year improved amid hopes of upturns in both investment and in the economy generally.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

N. Macedonia Producer Prices Rise At Slower Pace In March (21 min(s), 36 sec(s) ago)
(RTTNews) - North Macedonia's industrial producer prices on the domestic market rose at a slow ...Full Story»

Slovenia ILO Unemployment Rate Drops Further (02 hr(s), 18 min(s), 36 sec(s) ago)
(RTTNews) - The monthly ILO jobless rate in Slovenia continued to ease in March after remaining un ...Full Story»

UK Retailers Expect Sales To Decline Sharply In May: CBI (02 hr(s), 23 min(s), 36 sec(s) ago)
(RTTNews) - UK retailers expect sales to contract sharply in May due to the impact of Autumn Budge ...Full Story»

Denmark Retail Sales Fall 0.1% (02 hr(s), 44 min(s), 36 sec(s) ago)
(RTTNews) - Danish retail sales decreased for the first time in four months in March, though sligh ...Full Story»

India Industrial Output Growth Improves To 3.0% (03 hr(s), 20 min(s), 36 sec(s) ago)
(RTTNews) - India's industrial production growth accelerated slightly in March, data from the ...Full Story»

Austria Manufacturing Downturn Continues In April (03 hr(s), 59 min(s), 36 sec(s) ago)
(RTTNews) - Austria's manufacturing activity deteriorated further in April amid an accelerated ...Full Story»

Spain Retail Sales Log Steady Growth In March (04 hr(s), 15 min(s), 36 sec(s) ago)
(RTTNews) - Spain's retail sales expanded at a steady pace in March, the statistical office IN ...Full Story»

Hong Kong Trade Gap Widens In March (05 hr(s), 45 min(s), 36 sec(s) ago)
(RTTNews) - Hong Kong's trade deficit increased somewhat in March from a year ago, data from t ...Full Story»