Press release: 12.333-173/20

Turnover in industry and construction decreased by 7.3% in June 2020; flash estimates for August 2020 show further year-on-year declines in industry

Vienna, 2020-09-30 – A total of 66 313 enterprises in the entire industry and construction sector (+0.8% compared to the previous year) turned over €129.8 bn (-12.9%) in the first half of 2020, according to calculations by Statistics Austria. The working-day adjusted turnover for industry and construction decreased by 13.1%. These figures coupled with a slightly decreasing employment (987 799 persons, -0.9%). In June 2020, turnover decreased by 7.3% compared to the same month of the previous year (working-day adjusted: -11.4%).

At establishment level (66 878 establishments, +0.8%), sold production decreased by 13.1% (working-day adjusted: -13.3%) in comparison to previous year's level and amounted to €127.6 bn in nominal terms (employing 987 249 persons, -0.9%). With €106.0 bn in nominal terms, industrial production sold fell by 14.8% compared to the previous year. Compared to the same month last year (June 2019), sold production declined by 7.4% (working-day adjusted: -11.6%) in industry and construction.

The 36 485 Austrian construction establishments (+1.3%) achieved a production sold of €21.7 bn in the reporting period January to June 2020. This corresponds to a decrease of 4.3% in nominal terms (working-day adjusted: -4.4%) compared to the previous year. In June 2020, production sold slightly increased by 0.5% (working-day adjusted: -3.6%). At the end of June 2020, Austrian construction companies (not including construction auxiliary trades) had orders booked totalling about €16.7 bn (-1.5% year-over-year).

The flash estimates for industry and construction for August 2020 continue to show a decline in the turnover index (-5.7%), the index of persons employed (-0.2%) and the index of hours worked (-0.9%) compared to the same month of the previous year. If the industrial sector is considered separately from construction, the turnover index shows a decline in industry (-7.8%) but a positive development in construction (+5.0%). The index of hours worked shows a decline in industry (-3.1%), while construction again shows a positive development (+5.8%). This is also reflected in the index of persons employed (industry -1.2%; construction +3.0%).

For more detailed information please refer to the German version of this press release or our German websites on short term statistics and flash estimates.