Working-day turnover in selected services down by 3.1% in Q1

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Working-day turnover in selected services down by 3.1% in Q1In the first quarter, working-day adjusted turnover in selected services activities decreased by 3.1 per cent over the corresponding period of 2013, the National Statistics Office said today. Provisional seasonally adjusted services turnover increased by 0.4 per cent.

When compared to the corresponding quarter last year, working-day adjusted turnover went down by 3.1 per cent. Turnover decreased in real estate activities (-14.9 per cent), wholesale trade (-10.1 per cent) and information and communication (-6.3 per cent), while increases were registered in administrative and support services activities (+8.8 per cent), accommodation and food service activities (+6.2 per cent), transportation and storage (+4.6 per cent), motor trade (+3.8 per cent), professional, scientific and technical activities (+1.6 per cent) and retail trade (+0.8 per cent).

During the quarter under review, employment, gross wages and salaries and hours worked increased by 3.1, 3.1 and 1.8 per cent respectively over the comparative quarter in 2013.

Seasonally adjusted turnover in the first quarter this year increased by 0.4 per cent on the previous three months. Increases were registered in administrative and support services activities (+8.6 per cent), real estate activities (+5.6 per cent) and transportation and storage (+4.0 per cent).

On the other hand, declines were registered in information and communication (-3.1 per cent), accommodation and food service activities (-2.0 per cent), wholesale trade (-2.0 per cent), motor trade (-1.7 per cent), professional, scientific and technical activities (-0.9 per cent), and retail trade (-0.1 per cent).

Seasonally adjusted employment, gross wages and salaries and hours worked increased by 1.5, 0.9 and 1.0 per cent respectively over the previous quarter.

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