Wholesale turnover drops 5 pct against previous month

Newsroom 13/10/2015 | 15:24

According to the latest data by the National Institute for Statistics, wholesale turnover (excluding the trade with motor vehicles and motorcycles) dropped in nominal terms by 5.2 percent as gross series and 4.9 percent as adjusted series according to the number of working days and seasonality.

The gross series results were heavily influenced by wholesale of agricultural raw materials and live animals, registering the largest drop, of 15.4 percent. There were also decreases in other specialised wholesale (6.8 percent), intermediation activities (5.9 percent), wholesale of other machinery, equipment and supplies (4.3 percent), non‐specialised wholesale (3.7 percent), household goods, other than food (2.7 percent) and the wholesale of food, beverages and tobacco (2.1 percent). The wholesale of information and communication equipment increased by 2.8 percent.

In adjusted numbers, drops were recorded in other specialised wholesale (5.5 percent), food, beverages and tobacco (4 percent), wholesale of other machinery, equipment and supplies (3.1 percent), agricultural raw materials and live animals (2.2 percent), intermediation activities (1.4 percent) and wholesale of household goods, other than food (0.8 percent). Increases were registered by the wholesale of information and communication equipment (3.1 percent) and by non‐specialised wholesale (1 percent).

Year on year, wholesale turnover increased both as gross series (1.5 percent) and as adjusted series according to the number of working days and to seasonality by (0.6 percent).

The highest increases in gross series were registered by the wholesale of information and communication equipment (16.1 percent) and non‐specialised wholesale (10.2 percent), while drops were registered by the wholesale of other machinery, equipment and supplies (21.7 percent).

Non‐specialised wholesale (+10.2 percent), agricultural raw materials and live animals (+6.7 percent), food, beverages and tobacco (+6.2 percent) and wholesale of household goods (+2.8 percent) registered increases, while intermediation activities (‐9.8 percent) and other specialised wholesale (‐2.5 percent) fell.

In adjusted series, the wholesale of information and communication equipment (10.1 percent) and the wholesale of agricultural raw materials and live animals (9.8 percent) saw the largest rises, while other machinery, equipment and supplies decreased in turnover by 19.7 percent.

Further increases were see in food, beverages and tobacco (+5.6 percent) and non‐specialised wholesale (+5.5 percent), while decreases were registered by wholesale intermediation activities (‐7.2 percent), other specialised wholesale (‐1.2 percent) and wholesale of household goods, other than food (‐0.4 percent).

During the first eight months of 2015 wholesale turnover increased as gross series by 2.6 percent, influenced by the wholesale of agricultural raw materials and live animals (+16.9 percent), by the wholesale of information and communication equipment (+12.0 percent), non‐specialised wholesale (+11.3 percent), wholesale of food, beverages and tobacco (+3.4 percent) and other specialised wholesale (+1.6 percent). Drops were registered in wholesale of other machinery, equipment and supplies (6.9 percent), wholesale of household goods (3.5 percent) and wholesale intermediation activities (2.3 percent).

Adjusted numbers registered an increase of 2.5 percent due to the increments registered by the wholesale of agricultural raw materials and live animals (+14.4 percent), non‐specialised wholesale (+8.8 percent), wholesale of information and communication equipment (+8.7 percent), food, beverages and tobacco (+3.1 percent) and by other specialised wholesale (+1.4 percent). The wholesale of household goods (‐3.3 percent), of other machinery, equipment and supplies (‐2.8 percent) and intermediation activities (‐0.2 percent) decreased instead.

Natalia Martian

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