Developments for turnover and employment indices for services

European Commission Eurostat

Description

During the last quarter of 2004
Industry, trade and services
Target audience: Specialised/Technical

Informations

• Publié par: EUROPEAN-COMMISSION-EUROSTAT
• Nombre de lectures: 32
• Langue: English

Extrait

Statistics

in focus

INDUSTRY, TRADE AND SERVICES

22/2005

Authors Anastassios GIANNOPLIDIS Digna AMIL

C o n t e n t s Motor trades……………………..2

Wholesale trade…………………4

Hotels and restaurants………...6

Transport services……………..7

Communications, computer and business services……………...9

 Manuscript completed on: 26.04.2005 Data extracted on: 19.04.2005 ISSN 1561-4840 Catalogue number: KS-NP-05-022-EN-N © European Communities, 2005

Developments for turnover and employment indices for services during the last quarter of 2004 z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z z Turnover of the EU-25's services sector grew at a rapid pace between the final quarters of 2003 and 2004. Nowhere was this more apparent than for supporting transport activities, where the gross index increased by 10.3 %. Other activities that reported high growth rates over the same period included land transport (6.9 %), motor trades (6.7 %) and water transport (6.3 %), while air transport was the only activity to record a drop in sales. As regards the euro-zone, subject to data availability, all of the latest growth rates for turnover were positive, the highest being 6.8 % for motor trades.

Employment also generally increased across service activities in both the EU- 25 and the euro-zone, with slightly higher growth rates often being recorded for the euro-zone. Between the final quarters of 2003 and 2004 the fastest expansion was reported for other business activities (3.5 % growth for the EU- 25 and 3.8 % for the euro-zone). Three of the ten activities for which data are presented recorded contractions in their respective employment levels, the largest being for water transport activities (-5.3 % in the EU-25 and -8.6 % in the euro-zone).

15 10 5 0 -5 -10

EU-25 Euro-zone Figure 1: Turnover, latest growth rates (Q4/2004), compared to the same quarter of the previous year, gross data (%) (1); source: Eurostat STS (1)  EU-25, not available for post and communications; euro-zone, not available for land transport, water transport, supporting transport activities and other business activities.

15

10

5

0

-5

-10

EU-25

Euro-zone

Figure 2: Employment, latest growth rates (Q4/2004), compared to the same quarter of the previous year, gross data (%); source: Eurostat STS