In 2012, the recession shaped the development of unit labour costs in Austria. Labour costs in the manufacturing of goods
increased by 3.2 percent, while labour productivity developed very weakly (+0.1 percent). This represents a rise in unit labour
costs of about 3 percent. However, Austria's international competitiveness compared to the average of all trading partners,
as well as to Germany, improved slightly in 2012 because productivity developed even less favourably among the trading partners.
Forschungsbereich:Industrieökonomie, Innovation und internationaler Wettbewerb – Arbeitsmarkt, Einkommen und soziale Sicherheit