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2025-07-29 16:27:52
[Austria's manufacturing PMI rebounded to 48.2, and the industry's contraction slowed down] ⑴ The Austrian UniCredit Bank Manufacturing PMI rose from 47.0 in June to 48.2 in July, mainly due to output growth in two of the past three months, with the latest increase being the strongest in more than three years. ⑵ However, new orders are still insufficient, and the construction industry continues to be weak; employment levels have further declined, with obvious layoffs in the early third quarter; input costs have risen for the first time in three months, but the increase is moderate. ⑶ Business confidence has improved significantly, and growth expectations have hit a new high since February 2022, reflecting optimistic expectations for economic recovery and the US-EU trade agreement.
