Short-term Services Indicators: Q4/2024
Quarterly comparison
After adjusting for seasonal effects and the working-day pattern, the total services turnover index decreased by 1.7 per cent between the third quarter and fourth quarter of 2024.
Decreases were registered in the administrative and support service activities (14.0 per cent), real estate activities (9.4 per cent), transportation and storage (4.7 per cent) and professional, scientific and technical activities (0.3 per cent). On the other hand, increases in turnover were recorded in the motor trade (12.4 per cent), wholesale trade (1.7 per cent), accommodation and food service activities (1.6 per cent), information and communication (1.5 per cent) and retail trade (1.2 per cent) (Table 1).
Between the third and fourth quarters of 2024, the number of persons employed (Table 3), the gross wages and salaries (Table 5) and the hours worked (Table 7) increased by 0.2 per cent, 0.8 per cent and 1.7 per cent, respectively.
Annual comparison
During the fourth quarter of 2024, the total services turnover index registered an increase of 1.1 per cent on an annual basis after adjusting for the working-day pattern.
The highest increase was registered in the transportation and storage (18.2 per cent), followed by increases in the information and communication (6.4 per cent), professional, scientific and technical activities (6.3 per cent), accommodation and food service activities (5.6 per cent), motor trade (3.7 per cent) and retail trade (3.7 per cent). On the contrary, declines in turnover were recorded in the wholesale trade (16.1 per cent), administrative and support service activities (5.4 per cent) and real estate activities (1.0 per cent) (Table 2).
When compared to the fourth quarter of 2023, both the indicators for the number of persons employed (Table 4) and the hours worked (Table 8) went up by 1.3 per cent. Moreover, the gross wages and salaries also registered an increase of 5.4 per cent (Table 6).
Chart 1. Annual working-day adjusted turnover in services
(% change in comparison with the corresponding quarter in previous year)
No Data Found
Tables
Methodological Notes
| NACE Section / Division | NACE label | Turnover | Employment | Hours Worked | Wages and Salaries |
| G | Wholesale and retail; repair of motor vehicles and motorcycles | 43.5 | 28.5 | 28.2 | 23.3 |
| G45 | Motor trade | 2.7 | 2.6 | 2.0 | 1.6 |
| G46 | Wholesale trade | 26.9 | 9.5 | 11.3 | 11.2 |
| G47 | Retail trade | 13.9 | 16.4 | 14.9 | 10.5 |
| H | Transportation and storage | 14.6 | 10.5 | 10.5 | 12.1 |
| I | Accommodation and food service activities | 4.0 | 15.1 | 13.7 | 10.1 |
| J | Information and communication | 15.1 | 8.8 | 9.8 | 15.7 |
| L | Real estate activities | 3.0 | 3.0 | 2.4 | 2.1 |
| M | Professional, scientific and technical activities | 12.6 | 15.3 | 14.0 | 18.1 |
| N | Administrative and support service activities | 7.2 | 18.8 | 21.4 | 18.6 |
| Total | 100.0 | 100.0 | 100.0 | 100.0 |
7. The calculation of the percentage changes from the indices table may slightly differ from the published percentage changes due to rounding.
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Short-term Services Indicators: Q4/2024
- When compared to Q4 2023, working-day adjusted turnover in selected service activities increased by 1.1 per cent.
- The largest increase was recorded in the transportation and storage (18.2 per cent).
- Employment, gross wages and salaries, and hours worked increased by 1.3 per cent, 5.4 per cent and 1.3 per cent, respectively.
- Seasonally adjusted services turnover declined by 1.7 per cent, with the highest decrease occurring in the administrative and support service activities (14.0 per cent), when compared to Q3 2024.
