The regional lockdown in eastern Austria does not yet show any effect in the current evaluation for calendar week 13, but a dampening effect of around 200 to 300 million € per week is expected for the coming weeks.
Among the determinants of WWWI, at the current edge credit card sales overall as well as mobility are up year-on-year once again, but slightly down in some cases compared to the previous week. Slightly declining Google mobility data in public transport, workplaces and time away from home reflect the effects of recent regulatory restriction measures in eastern Austria. Due to the Easter holidays, passenger traffic at Vienna International Airport increased significantly compared to the same week last year as well as to the previous week. Expansive signals come from indicators of industrial production. Indicators in the transportation sector also present a fairly consistent picture, once again rising strongly compared with the same week last year. Unemployment fell on a weekly basis, and the number of job vacancies also increased further.
Following the opening of trade and private personal services in calendar week 6 (from 8 February 2021), the first three weeks
showed a marked improvement in private consumption as well as value added in trade. In March, however, the further recovery
was curbed. As no additional opening steps were taken due to the current worsening of the pandemic situation, there was no
further domestic growth impetus. The net GDP contribution of travel remained negative compared to the average reference week
in 2019 and improved only marginally due to the practical total absence of tourism due to the still-pending regulatory closures
in the accommodation and food services sector. The weakening of the contribution of net goods exports referred to the average
reference week in 2019 as of February 2021 is likely to be due to the opening of stores and the accompanying stronger imports
of goods, especially consumer goods. Investment shows a slight improvement relative to the average reference week in 2019,
in line with the trend in goods exports and goods production at the current edge.