Austria: Manufacturing PMI falls in June
The Manufacturing Purchasing Managers’ Index (PMI)—produced by UniCredit Bank Austria and S&P Global— came in at 39.0 in June, down from May’s 39.7. June’s result marked the weakest reading since April 2020. As such, the index moved further below the 50.0 no-change threshold, signaling a sharper deterioration in manufacturing sector operating conditions compared to the previous month.
The Manufacturing Purchasing Managers’ Index (PMI)—produced by UniCredit Bank Austria and S&P Global— came in at 39.0 in June, down from May’s 39.7. June’s result marked the weakest reading since April 2020. As such, the index moved further below the 50.0 no-change threshold, signaling a sharper deterioration in manufacturing sector operating conditions compared to the previous month.
The Manufacturing Purchasing Managers’ Index (PMI)—produced by UniCredit Bank Austria and S&P Global— came in at 39.0 in June, down from May’s 39.7. June’s result marked the weakest reading since April 2020. As such, the index moved further below the 50.0 no-change threshold, signaling a sharper deterioration in manufacturing sector operating conditions compared to the previous month.