Press release: 12.751-049/22

Turnover in industry and construction in January 2022 rose by 40.2% compared to January 2021 and by 26.1% compared to January 2019

Vienna, 2022-02-28 – The flash estimates for industry and construction (ÖNACE B to F) by Statistics Austria for January 2022 show an increase of the turnover index (+40.2%), a moderate increase of the index of persons employed (+2.3%) and as well of the index of hours worked (+4.3%) compared to the same month of the previous year.

"Austria's economic locomotives, industry and construction, remained strongly on track in January 2022. In the process, turnover in these sectors exceeded the Corona pre-crisis level of January 2019 by a significant 26.1 percent," said Statistics Austria Director General Tobias Thomas.

Considering the industrial and the construction sector separately, the turnover index shows an increase in industry (+42.9%) and a positive development in construction (+15.3%) compared to the same month of the previous year. The index of hours worked increased in industry (+4.3%), likewise in construction (+4.7%). The index of persons employed shows a slight rise in industry (+2.3%) and a positive development in construction (+2.7%).

In the reporting period November 2021, a total of 75 099 enterprises in the entire industry and construction sector turned over €35.2 bn (+30.1%). These figures coupled with an increasing employment (1 019 645 persons, +2.1%). With €29.0 bn in nominal terms, industrial turnover increased by 35.1% in November 2021 compared to the previous year's month. The 39 109 Austrian construction enterprises achieved a turnover of €6.3 bn in November 2021. This corresponds to an increase of 10.8% in nominal terms compared to the period of the previous year.

In the reporting period January to November 2021, turnover increased by 23.3% compared to the same month of the previous year and amounted to €314.7 bn.

For more detailed information please refer to the German version or our German website.