Short-term services turnover grows in Q4 2018

Published by

Christian Keszthelyi

6 years ago

(source: Unsplash/Ostap Senyuk)

Working-day adjusted turnover in selected services activities were up by year-on-year 1.7% in Q4 2018, and seasonally adjusted services turnover grew by 1.3% over the previous quarter, according to figures published by the Maltese National Statistics Office (NSO).

Real estate activities saw a massive 50.5% turnover hike during the last quarter of 2018, as compared to the same quarter year earlier.

Motor trade activities were up by 7.1%, transportation and storage activities grew by 4.2%, accommodation and food service activities rose by 3.4%, retail trade was up by 3.0%, administrative and support service activities increased by 3.0% and wholesale trade saw a rise of 2.1%, according to figures put out by the NSO.

Turnover in scientific and technical activities dropped by 10.1% information and communication activities were down by 6.6% in Q4 2018, as compared to the base period.

The full report including charts and visual representation of data is available for download at the website of NSO.

Christian Keszthelyi

Christian used to be the editor of Business Malta, the predecessor of Malta Business Weekly’s online platform. As an avid journalist and writer, he believes that good content has a great flow that seamlessly guides the reader from the beginning to the end. He knows that words have immense power, and ruthlessly edits his own copy when chasing perfection (although he knows an article is never ready.)