More information about retail – VIENNA.AT

The food retail sector recorded a nominal increase in sales of 3.6 percent (actual 1.9 percent). The automotive trade, on the other hand, recorded a turnover decline of 0.9 percent (in real terms minus 2.1 percent).

The turnover of the entire trade decreased by 0.7 percent compared to the previous year, which is mainly due to the 2 percent decline in wholesale trade, as announced on Thursday Statistics Austria. The number of employees decreased by 0.9 percent.

Service companies made only 0.2 percent more in the third quarter of 2024 than in the same period of the previous year. According to Statistik Austria, this is mainly due to the massive drop of almost 10 percent in real estate and housing. Things went well in the areas of transport (+3.6%) and information and communication (+3.1%). The accommodation and food services sector also recorded growth of 1.6 percent year-on-year.

This article has been machine translated, read the original article here.