Trade and Service Sectors Report Loss in Dynamics

Companies › Retail & Consumer ♦ Published: December 5, 2011; 16:24 ♦ (Vindobona)

Turnover development of Austrian trade and service enterprises slows down.

Trade and Service Sectors Report Loss in Dynamics / Picture: © Vindobona.org

The economic slowdown has reached the Austrian service enterprises, according to latest results by Statistics Austria. For the third quarter of 2011, turnover at nominal values increased by 2.7% compared to the third quarter of the year before. This is the smallest increase since the second quarter of 2010, where a rise of 2.5% has been observed. Turnover in Austrian trade increased by…

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