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November 18, 2019

Trade and services turnovers up by 13.8 pc in February

According to the National Statistics Institute (INS), in February the auto and motorcycle trade and market services turnovers had a month-on-month growth of 7 per cent and 2.7 per cent respectively as gross series, a press release informs. As series adjusted by number of workdays and seasonality, the turnovers grew by 2.5 per cent and 6 per cent respectively. Auto trade turnover growth was a consequence of the expansion in vehicle maintenance and repair activities (+12.3 per cent), auto sales (+10.2 per cent), motorcycle sales, maintenance and repair activities (+8.4 per cent) and trade in auto spare parts and accessories (+1.1 per cent).

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