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Tuesday | August 11 | 2020

Turnover in Austrian industry and construction decreased by 25.6% in April

A total of 66.275 enterprises in the entire industry and construction sector (+0.8% compared to the previous year) turned over €87.7 bn (-11.6%) in the reporting period January to April 2020, according to calculations by Statistics Austria.

The working-day adjusted turnover for industry and construction decreased by 11.9%. These figures coupled with a decreasing employment (963.309 persons, -3.0%).

In April 2020 turnover decreased by 25.6% compared to the same month of the previous year.

At establishment level (66.840 establishments, +0.7%), sold production decreased by 11.8% (working-day adjusted: -12.1%) in comparison to previous year’s level and amounted to €86.4 bn in nominal terms (employing 962.763 persons, -3.0%).

With €73.2 bn in nominal terms, industrial production sold fell by 13.1% compared to the previous year. Compared with the same month last year (April 2019) sold production declined by 25.7% in industry and construction.

The 36.452 Austrian construction establishments (+1.4%) achieved a production sold of €13.2 bn in the reporting period January to April 2020.

This corresponds to a decrease of 3.9% in nominal terms (working-day adjusted: -4.2%) compared to the previous year.

At the end of April 2020, Austrian construction companies (not including construction auxiliary trades) had orders booked totalling about €16.0 bn (-6.7% year-over-year).

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