Press Release 13/09/2018
SERVICE SECTOR INDEX. II/2018
Administrative activities and Hotel Management and Catering were up by more than 3% and led the increases in the Services sector in the second quarter of 2018 in the Basque Country
Trade sales, including the Sale and Repair of Vehicles, rose by 2.1% and Other Services grew by 2.2%
The Trade sector, which comprises Wholesale Trade, Retail Trade and the Sale & Repair of Vehicles, saw sales increase by 2.1% in the second quarter of 2018 in constant terms, whereas the sectors that come under Other Services saw an increase in sales of 2.2%, all in relation to the same quarter of the previous year, according to data prepared by Eustat.
In the Other Services sector, the sales index rose by 3.3%, at constant prices, in Administrative Activities & Auxiliary Services, followed by the branch of Hotel Management and Catering, with 3.2%, Transport & Storage, with 2.8%, and the Professional, Scientific and Technical Activities sector with 1.6%; in contrast the branch of Information & Communications fell by 1.5%.
Within Trade, the year-on-year performance was positive, above all in the Sale & Repair of Motor Vehicles, which was up 8.3%; Wholesale Trade also showed an upturn, with an increase of 2.2%; however, Retail Trade sales fell by 0.1%.
Compared with the previous quarter, both the Trade and Other Services sectors saw rises of 0.3% and 0.4%, respectively, at constant prices and once any seasonal effects had been eliminated.
By province, the Trade sector registered an upward trend in real terms in the three provinces. There was growth of 3.0% in Álava, 2.4% in Bizkaia and 1.1% in Gipuzkoa. For Other Services as a whole, performance in the second quarter in real terms was positive in the provinces of Bizkaia and Gipuzkoa, with increases of 3.3% and 1.1%, respectively, whilst in Álava there was no variation in the index (0.0%). This is all in relation to the second quarter of 2017 once the price effect had been discounted.
The index of employed people in the Basque Country rose on a year-on-year basis for both indexes, with a 1.4% rise in the Trade sector and a 2.8% increase in the index for Other Services. Compared to the first quarter of 2018, the index increased by 0.5% in both sectors, all in deseasonalised terms.
Over the first six months of the year as a whole, the Trade sector registered an increase of 2.4%, once the price effect had been discounted, whilst Other Services as a whole stood at 2.5%, led by Administrative Activities & Auxiliary Services, with an accumulative growth of 4.5% so far this year.
For further information:
Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: email@example.com Tel: 945 01 75 62