Motorcycle trade falls 10 pct in September while automotive trade climbs 4.7 pct

Automotive turnover registered a 4.7 percent increase (adjusted series) in September over August 2015, according to data released by the National Institute for Statistics. While motorcycle trade dropped 10.9 percent in adjusted series, motor vehicles (+2.7 percent), maintenance and repair of motor vehicles (+0.1 percent) and spare parts trade (+0.9 percent) all registered rises.

In gross series, automotive trade registered an overall 9.5 percent rise, while motorcycle trade saw a 25 percent drop. There were rises in the trade with motor vehicles (+12.8 percent), in the maintenance and repair activities of motor vehicles (+9.7 percent) and in the trade with spare parts and accessories for motor vehicles (+5.4 percent).

Market services provided to the population registered an overall 0.5 percent decrease (adjusted series), mainly brought on by a 10.9 percent drop in gambling and other recreational activities. The largest increases were seen in washing and dry-cleaning services (+11.9 percent) and travel activities (+6.4 percent), while beauty services rose 4.5 percent and hotels and restaurants 4 percent.

Services saw an overall 8.2 percent decrease in gross series, influenced by drops in gambling (15.9 percent), travel activities (10.2 percent) and hotels and restaurants (4.6 percent).

Year on year, automotive trade registered a 10.8 percent increase as adjusted series and 10.9 percent in gross series. Motor vehicles rose 17.1 percent in adjusted series (17.4 percent as gross series), while motorcycle turnover went up 16.8 percent (adjusted) and 22.1 percent (gross).

Services increased by 13.8 percent (adjusted) and 13.3 percent (gross), with hotels and restaurants posting the largest increase (15.8 percent and 15.3 percent, respectively), while gambling remained stable in adjusted series (+0.3 percent) and dropped 1.4 percent in gross series.

During the first nine months, the turnover of the trade with motor vehicles and motorcycles increased both as gross series and as adjusted series by 8.6 percent each. The turnover for the market services provided to the population increased both as gross series by 6.9 percent and as adjusted series by 6.8 percent.