ECONOMY FINANCE&BANKING INDUSTRY

INS: Turnover of market services provided mainly to companies, up by 9.5 percent in 11 months

The turnover of the market services provided mainly to companies, in nominal terms, grew in the first eleven months of 2016, from the similar period of 2015, both as gross series and as a series adjusted by working days and seasonality, by 9.5 pct and 9.8 pct, respectively, according to data released on Friday by the National Statistics Institute (INS).

From January 1 to November 31, 2016 compared to the same period of 2015, in nominal terms, the turnover of market services rendered mainly to enterprises, as gross series, increased overall by 9.5 percent, due to increase in information services activities and IT services (+15.2 pct), in transports (+14.0 pct), as well as other services provided mainly to enterprises (+5.8 pct), communications (+5.4 pct) and cinema, video and television programs production; programs transmission and release (+1.6 pct).

In nominal terms, the turnover of market services provided mainly to enterprises, as a series adjusted to seasonality and the number of working days, grew overall by 9.8 percent due to advances in IT services activities and information technology (+15.5pct), transportation (+13.6 pct), other services mainly provided to companies (+5.6 pct), communication activities (+5.2 pct) and in film, video, TV programmes production activities; broadcasting and transmission of programs (+1.7 pct).

The turnover of market services provided mainly to enterprises, as gross series, in November 2016, as compared to the previous month, grew by 1.7 pct due to increases in IT service activities and information technology (+16.4pct), other services provided especially to companies (+2.2 pct), film, video, TV programmes production activities and broadcasting and transmission of programs (+2.0 pct) and communication activities (+1.4 pct). Transport activities decreased (-2.6 pct).

As a series adjusted by working days and seasonality, in November 2016 as compared to October 2016, the turnover in nominal terms grew by 1.5 pct, due to advances in IT service activities and information technology (+3.8 pct), film, video, TV programmes production activities; broadcasting and transmission of programs (+3.8 pct), transportation (+1.0 pct), communication activities (+0.1 pct). Other services mainly provided to companies registered decreases. (-0.1 pct).

“As compared to the corresponding month of the previous year, the turnover of the market services provided to companies, in nominal terms, grew, both as gross series, by 10 pct and as adjusted series, by working days and seasonality, by 10.9 pct,” says INS.

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