Turnover adjusted for working-days in selected services activities in Malta during the last quarter of 2016 went down by 0.2 per cent over the fourth quarter of the previous year, the National Statistics Office said today. Turnover adjusted for seasonal effects climbed by 0.5 per cent over the third quarter in 2016.

The NSO added that the economy recorded a slight decrease of 0.2 per cent in the index measuring the movement in the working-day adjusted turnover, when compared to the fourth quarter of 2015.

It said that turnover dropped in the wholesale trade (7.7 per cent), in the real estate activities (5.7 per cent), in the administrative and support service activities (2.1 per cent), in the motor trade business (1.8 per cent), in the information and communication (1.3 per cent) and in the accommodation and food service activities (1.3 per cent).

On the other hand, the NSO said that increases were registered in the transport and storage business (22.9 per cent), in the professional, scientific and technical activities (6.8 per cent) and in the retail trade (0.2 per cent).

“The unadjusted index for employment as well as the working-day adjusted index for both the gross wages and salaries paid to employees in this sector and the number of hours worked during the period under review advanced by 1.3, 5.9 and 2.3 per cent respectively over the same quarter in 2015.”

Seasonally adjusted turnover increased by 0.5 per cent, when compared to the preceding quarter in 2016. Increases were registered in the transport and storage activities (5.0 per cent), in the information and communication business (4.2 per cent), in the professional, scientific and technical activities (1.7 percent) and equally in the real estate activities and the administrative and support service activities (1.5 per cent).

The NSO said that decreases were essentially recorded in the wholesale trade activities (2.6 per cent), in the accommodation and food service activities (1.3 per cent) and in the motor trade activities (1.1 per cent.

“Seasonally adjusted data on gross wages and salaries and the number of hours worked improved by 2.6 and 1.7 per cent respectively over the third quarter in 2016.” The NSO added that no change was registered in the index for seasonally adjusted data on employment over the preceding period in 2016.

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