Turnover in services

The turnover in services index measures the quarterly evolution of sales by service sector enterprises at current prices. Since the first quarter 2018 indices are calculated with reference to the base year 2015 using the Ateco 2007 classification (Italian edition of NACE Rev.2).

In the third quarter of 2020 the seasonally adjusted services turnover index increased by 26.7% compared to the previous quarter. In particular the index increased in accommodation and food service activities (+161.9%), professional, scientific and technical activities (+27.4%), wholesale trade, trade and repair of motor vehicles and motorcycles (+26.0%), transportation and storage (+20.9%), administrative and support service activities (+16.7%) and information and communication (+9.4%).

In the third quarter of 2020 the services turnover index decreased by 6.9% compared to the same quarter of the previous year. In particular, the index decreased by 25.2% for accommodation and food service activities, by 22.2 for administrative and support service activities, by 17.2% for transportation and storage, by 6.3% for professional, scientific and technical activities, by 0.8% for wholesale trade, trade and repair of motor vehicles and motorcycles and by 0.2% for information and communication activities.