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Production, orders and turnover statistics of the secondary sector in the 1st quarter 2020 Secondary sector production still rising but turnover on the decline

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25.05.2020 - Secondary sector production rose by 0.8% in the 1st quarter 2020 in comparison with the same quarter a year earlier. At –0,4%, turnover declined for the first time in three years. The negative effects of the COVID-19 pandemic have impacted on the results of February and March. This is shown by provisional results from the Federal Statistical Office (FSO).

In comparison with the previous year industrial production grew in January by 3.0%, in February by 0.1%, then fell in March (–1.9%). For the whole of the 1st quarter 2020 production increased by 0.8% in comparison with the same quarter a year earlier.

Construction production increased by 4.1% in the 1st quarter 2020 in comparison with the same quarter a year earlier. Production declined by 0.5% in building, civil engineering in contrast registered an increase (+5.7%). Lastly, specialised construction activities registered an increase of 6.4% in their production.

Turnover

Industrial turnover in January rose by 0.7% in comparison with the previous year, it fell in February (–1.9%) as well as in March (–4.4%). For the whole of the 1st quarter 2020 in comparison with the same quarter a year earlier, turnover registered a decline of 1.3%.

Construction turnover rose by 4.0% in 1st quarter 2020 in comparison with the same quarter a year earlier. Turnover rose by 1.2% in building, civil engineering registered an increase of 6.2%, specialised construction activities an increase of 6.0%.