Turnover for services rendered to enterprises witnesses 8.1 pct y-o-y increase in Nov 2015

Newsroom 15/01/2016 | 11:48

The turnover for market services rendered mainly to enterprises witnessed a year-on-year increase of 8.1 percent in November 2015, nominally speaking, and an increase of 7.7 percent when seasonally and working day adjusted, says recent data published by the National Statistics Institute (INS).

The annual change in the nominal (gross series) values came primarily from increases in activities related to information and IT services (+25.7 percent), activities in cinematography, video, TV programs production and the broadcast of programs (+9.4 percent), transport activities (+8.2 percent), communication activities (+5.4 percent), and other market services rendered mainly to enterprises (+5.2 percent).

For the seasonally and working day adjusted change, the main source of growth is a 26.9 percent increase in activities related to information and IT services, followed by a 9.4 percent increase in the broadcast of programs, an 8.2 percent increase in transport activities, 5.4 percent increase in communication activities and a 5.2 percent increase in other market services rendered mainly to enterprises, further explains the INS report.

Compared to October 2015, the turnover, gross series, went up by 0.7 percent with increases registered in information and IT services of 15.8 percent, says INS. Transport activities, cinematography, video and TV programs production activities and program broadcast, and communication activities all reported decreases, of -4.0 percent, -0.9 percent and -0.1 percent, respectively.

As for how the first nine months of 2015 performed compared to the same time period in 2014, nominally the turnover for market services rendered mainly to enterprises, gross series, went up by 7.8 percent in total, with 24.7 percent increases in IT and information services and a 10.6 percent increase in transport activities, reports the statistics institute.

Andreea Tint

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