Press Release 11/17/2017
In the third quarter of 2017 the sectors of Sale & Repair of Motor Vehicles and Transport were responsible for the growth in market services in the Basque Country
To date the most significant growth was registered in Hotel Management & Catering (4.2%) and Transport (2.4%)
The sectors of Sale & Repair of Motor Vehicles (5.2%) and Transport and Storage (3.9%) registered the highest growth rates in sales, in constant terms, in the third quarter of 2017, compared to the same quarter of the previous year, according to Eustat data.
At a more disaggregated level, the Trade sector, which comprises Wholesale Trade, Retail Trade and the Sale & Repair of Vehicles, saw sales rise by 1.9% in the fourth quarter of 2017 in constant terms, whereas the sectors that come under Other Services saw an increase in sales of 1.6%, all in relation to the same quarter of the previous year.
Over the first nine months of the year as a whole, the Trade sector registered an increase of 1.6%, once the price effect had been discounted, whilst Other Services as a whole stood at 1.9%, led by Hotel Management & Catering, with an accumulative growth of 4.2% so far this year.
Compared with the previous quarter, the Trade sector saw a rise of 0.4%, but the Other Services sector fell by 0.4%, at constant prices and once any seasonal effects had been eliminated.
Within Trade, the year-on-year evolution was positive, above all in the Sale & Repair of Motor Vehicles sector, up 5.2%; Retail Trade also showed an upturn, with an increase of 2.7%, and sales in the Wholesale Trade sector rose by 1.2%.
In the Other Services sector, the sales index (in constant terms) rose by 3.9% for the branch of Transport & Storage, 1.4% for the branch of Administrative Activities & Auxiliary Services, 0.9% for the branch of Hotel Management & Catering and 0.1% for the branch of Information & Communications. On the other hand the branch of Scientific & Technical Professional Activities fell by 0.9%.
By province, the Trade sector registered an upward trend in real terms in the three provinces. There was an increase of 3.1% in Bizkaia, 0.9% in Gipuzkoa and 0.3% in Álava. For Other Services as a whole, the evolution of the third quarter in real terms was positive in all three provinces, with growth of 2.2% for Gipuzkoa, 1.5% for Bizkaia and 0.6% for Álava. This is all in relation to the second quarter of 2016 once the price effect had been discounted.
For further information:
Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
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