Retail with turnover increase in the first three quarters of 2021; services sector stagnates

Press release: 12.676-267/21

Vienna,2021-12-03 - In the first three quarters of 2021, turnover of Austrian service enterprises increased by 0.3% in nominal terms compared to the same period of the previous year, as Statistics Austria reports. Turnover in trade increased by 11.2% in nominal terms. Taking inflation into account, sales in trade rose by 5.6% compared to the period January to September 2020.

When making comparisons with the same period of the previous year, it should be taken into account that a large number of businesses in 2020 and 2021 were affected to varying degrees by closures and other restrictions due to the measures against the Corona pandemic.

Results were calculated by Statistics Austria, Short Term Statistics Trade and Services.

For more detailed information please refer to the German version.