The aim of this research project is to improve the understanding of patterns and origins of producer price rigidities in Austria. Our analysis is based on qualitative firm-specific survey data for the Austrian manufacturing sectors (NACE 2 digit industries 15 to 36) collected by the Austrian Institute of Economic Research (WIFO) in its quarterly business cycle survey (BCS, "WIFO-Konjunkturtest") for the period 1983:Q1 to 2006:Q4. We find a marked heterogeneity of the frequency of price changes across sectors. The frequency of price adjustments is highest for intermediate goods followed by food. Capital intensive industries, and industries with a high share of medium-skilled workers, as well as industries where retailing and advertising are very important, exhibit a higher frequency of price changes. Firms producing goods of lower quality adjust prices more frequently to react to various demand and supply shocks. The majority of price changes, in particular price increases, occur during the first half of the year. In a phase of economic contraction the frequency of price decreases is higher whereas during a phase of expansion it is lower. For price increases the opposite is found. With respect to inflation we find an inverse relation with the frequency of price decreases and a positive relationship for the frequency of price increases. Firms with a high personnel expenditure shares exhibit a lower frequency of price adjustments, while firms with higher expenditures on energy and intermediate goods change their prices more often. Firms operating in a more competitive environment show a higher frequency to adjust prices. Thus, both time-dependent and state-dependent factors are important in the price-setting process of Austrian firms.