INS: Turnover from trade of motor vehicles and motorcycles grew 11.8 pct during first 10 months of 2017

Anca Alexe 13/12/2017 | 12:41

Data published by the National Institute of Statistics shows that the turnover from the trade of motor vehicles and motorcycles has grown in the first ten months of the year compared to the same period of 2016, by 11.8 percent as gross volume and by 12.7 percent when adjusted to the number of working days and seasonality.

Turnover volume for market services provided to the population has had a gross increase of 14.7 percent (13.6 percent after adjustment to working days and seasonality).

Business from wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles has seen growth due to the increase in the sale of motorcycles and related parts and accessories, maintenance and repair of motorcycles (+47.4 percent) and of motor vehicles (+25.6 percent), trade of motor vehicles (+10.5 percent) and related parts and accessories (+8.2 percent). Compared to the previous month, this sector’s turnover had a 0.6 percent growth in October.

The 14.7 percent increase in activities related to market services provided to the population was due to the growth in gambling and other leisure activities (+20.5 percent), hotel and restaurant activity (+14.7 percent), textile and furs cleaning and dyeing (+9.6 percent) and activity of touristic agencies and tour operators (+9 percent). Hairstyling and other beauty services decreased by 17.3 percent. Compared to the previous month, this sector’s turnover had a 0.7 percent growth in October.

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