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

Less Turnover in Total Trade

The turnover of the entire trade decreased by 0.7 percent year-on-year, for which the 2 percent decline in wholesale was mainly responsible, as Statistik Austria announced on Thursday. The number of employees decreased by 0.9 percent.

Service companies only achieved 0.2 percent more in the third quarter of 2024 than in the same period of the previous year. According to Statistik Austria, this was mainly due to the massive decline of almost 10 percent in real estate and housing. Things went well in the areas of transport (plus 3.6 percent) and information and communication (plus 3.1 percent). The accommodation and catering sector also achieved an increase of 1.6 percent year-on-year.

(APA/Red)

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