BUSINESS

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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