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December 6, 2021

Turnover of car trading, down 2 pc in five months

The turnover of the automobile trading sector dropped by 2.3 pc in the first five months of the year (unadjusted series), and by 1.9 pc in series adjusted with the number of working days and seasonal factors, the National Statistics Institute (INS) announced Monday. The maintenance and repairs of motorcycles diminished by 7 pc, the trade of spare parts and accessories for road vehicles went down 4.3 pc, and the car trading sector declined by 1.7 pc. The activities of car maintenance and repairs picked up 1.9 pc. The market services provided to population – unadjusted series – suffered a 2.5 turnover drop against the similar interval of last year, mainly because of gambling and other recreational activities (-6.4 pc), and the hotels and restaurants sector (-1.1 pc). In May 2012, the turnover of the retail of cars and motorcycles advanced against the previous month both in unadjusted series (+12.3 pc) and in series adjusted with seasonal factors and the number of working days (+1.1 pc).

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