Press Release 10/09/2014
The sales index of the services in the Basque Country rose by 1.8% in the second quarter of 2014
Trade was up by 2.8% and other services rose by 0.3%
The service sector index of the Basque Country showed a 1.8% nominal rise in sales in the second quarter of 2014 compared to the same period of the previous year, according to Eustat data.
Compared to the previous quarter, the sales index was up a nominal 0.2%, once any seasonal effects had been eliminated.
By sectors, the trade sales index was up 2.8% in nominal terms, whilst for other services, which form part of the index, it was up 0.3% with regards to the same period of 2013.
Within trade, the Sale & Repair of Motor Vehicles sector stood out for positive reasons, registering a nominal upturn of 5.5%, as did Wholesale Trade, which registered a 4.7% growth, whilst the rise was more moderate in Retail Trade, at 0.9%.
In sectors related to other services there were upturns in Transport & Storage, which increased by 7.5%, and in Administrative Activities & Auxiliary Services, which rose by 2.1%. The drops occurred in the Scientific & Technical Professional Activities sector, with a drop of 7.8%, in Information & Communications, with a decrease of 3.6%, and in Hotel Management & Catering, which posted a negative result of 1.4%.
By province, in Gipuzkoa there was an upturn of 2.6% and in Bizkaia a 1.8% growth was produced; Álava, however, recorded a drop of 0.2%.
In real terms, domestic trade sales rose by 1.4% in the second quarter once the price effect had been eliminated
Within Trade, the sales index was up by 3.1% and in other services there was a decrease of 1.0%, with regards to the same quarter of 2013 and in constant terms.
The year-on-year evolutions within Trade were positive for all sectors: the Sale & Repair of Motor Vehicles was up by 5.0%, the Wholesale Trade Index rose by 5.6% and the Retail Trade Index fell by 0.4%, all in real terms.
In the section Other Services, in constant euros, the sales index for Transport & Storage rose by 5.4%, and in the Administrative Activities & Auxiliary Services sector it rose by 0.7%. The Professional, Scientific & Technical Activities sector fell by 7.8%, the Hotel Management & Catering sector was down by 3.5% and the Information & Communications sector decreased by 2.6%.
The index of employed people in the overall services sector in the Basque Country in the second quarter of 2014 was down by 0.1% on the first quarter of 2014.
For further information:
Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: email@example.com Tel: 945 01 75 62
Press releases on the Internet on the Conjunctural Services Index of the Basque Country (ICS)
Databank on the Conjunctural Services Index of the Basque Country (ICS)