Press release: 12.796-094/22

Turnover in industry and construction for March 2022 significantly above pre-crisis level (+54.9%); transport volume in road freight transport increased in the first quarter of 2022

Vienna, 2022-04-28 – The flash estimates for industry and construction (ÖNACE B to F) by Statistics Austria for March 2022 show an increase of the turnover index (+37.5%), a moderate increase of the index of persons employed (+1.7%) and a decrease of the index of hours worked (-1.0%) compared to the same month of the previous year.

"Despite the Ukraine crisis, the signals continue to be green in Austria's industry and construction in March 2022. Turnover was 54.9% above the pre-crisis level of March 2019, partly due to massive price increases, especially in the energy sector. Overall, however, industry and construction are still on a growth path", says Statistics Austria Director General Tobias Thomas.

Considering the industrial and the construction sector separately, the flash estimates for March 2022 show a strong recovery of the turnover index in industry (+42.0%) and in construction (+8.2%) compared to the same month of the previous year. The index of hours worked decreased in industry (-1.3%) as well as in construction (-0.1% compared to March 2021). The index of persons employed shows a slight incline in industry (+1.5%) and a positive development in construction (+2.1%).

In January 2022, a total of 82 418 enterprises in the entire industry and construction sector turned over €31.3 bn (+46.2%). These figures coupled with an increasing employment (970 514 persons, +2.9%). With €27.8 bn in nominal terms, industrial turnover increased by 49.1% in January 2022 compared to the previous year's month. The 43 312 Austrian construction enterprises achieved a turnover of €3.2 bn in January 2022. This corresponds to an increase of 20.5% in nominal terms compared to January 2021.

For the first quarter of 2022 the flash estimates for road freight transport by vehicles registered in Austria showed an increase by 2.3% to 89.3 million tonnes (t). A growth compared to the same period of the preceding year was also registered in the total transport performance on Austrian and foreign territory (6.9 billion tonne-kilometres (tkm)) by 3.9% and in the number of laden journeys (6.4 million) by 0.1%. The transport performance within Austria rose by 3.3% to 4.8 billion tkm and outside Austria it increased by 5.2% to 2.1 billion tkm.

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