FOREX TradingCharts.com

Financial News: Austria Manufacturing Downturn Eases In May

Austria Manufacturing Downturn Eases In May

05/27/2025 - 07:26:00 (RTTNews)

(RTTNews) - Austria's manufacturing activity deteriorated at a slower pace in May as output levels returned to growth territory for the first time in three years, survey results from S&P Global showed on Tuesday.

The UniCredit Bank Austria Manufacturing Purchasing Managers' Index rose to 48.4 in May from 46.6 in April. Nonetheless, any score below 50.0 suggests contraction.

Production grew for the first time in three years in May, though the increase was only marginal. However, new orders declined further, and new export sales fell at a noticeably slower rate than in April.

Firms reduced their workforce numbers in May, but it was the softest decline in employment in almost two years. They also scaled back purchasing activity to the weakest rate since the current sequence of depletion began in early 2023.

On the price front, input prices remained broadly steady amid reports of mixed trends in the cost of materials and other inputs. Meanwhile, selling prices fell for the first time in three months.

Looking ahead, firms were slightly more upbeat about the year-ahead outlook, partly reflecting the prospect of lower interest rates and positive spillovers from increased public sector spending in Germany.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


New Zealand Manufacturing PMI Data Due On Friday (03 hr(s), 32 min(s), 06 sec(s) ago)
(RTTNews) - New Zealand will on Friday release May results for the manufacturing PMI from Business ...Full Story»

Thirty-Year Bond Auction Attracts Average Demand (08 hr(s), 21 min(s), 06 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $22 billi ...Full Story»

Portugal Inflation Confirmed At 2.3% (11 hr(s), 34 min(s), 06 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation increased slightly as initially estimated in M ...Full Story»

U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected (11 hr(s), 42 min(s), 06 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease by U.S. producer prices in the previous month, ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Unchanged At Eight-Month High (11 hr(s), 45 min(s), 06 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»

Irish Inflation Eases To 5-month Low (12 hr(s), 43 min(s), 06 sec(s) ago)
(RTTNews) - Ireland's consumer price inflation moderated in May to the lowest level in five mo ...Full Story»

U.S. Producer Prices Inch Up Less Than Expected In May (12 hr(s), 55 min(s), 06 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease by U.S. producer prices in the previous month, ...Full Story»

U.S. Weekly Jobless Claims Unchanged At 248,000 (13 hr(s), 01 min(s), 06 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

New Zealand Manufacturing PMI Data Due On Friday

06/12/2025 - 18:05 PM (RTTNews)
(RTTNews) - New Zealand will on Friday release May results for the manufacturing PMI from Business ...Full Story>>

Thirty-Year Bond Auction Attracts Average Demand

06/12/2025 - 13:16 PM (RTTNews)
(RTTNews) - The Treasury Department announced the results of this month's auction of $22 billi ...Full Story>>

Portugal Inflation Confirmed At 2.3%

06/12/2025 - 10:03 AM (RTTNews)
(RTTNews) - Portugal's consumer price inflation increased slightly as initially estimated in M ...Full Story>>

U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected

06/12/2025 - 09:55 AM (RTTNews)
(RTTNews) - After reporting an unexpected decrease by U.S. producer prices in the previous month, ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Unchanged At Eight-Month High

06/12/2025 - 09:52 AM (RTTNews)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.