Sales in most sectors rose again, but the double-digit decline in construction remained
September´s turnover recorded a growth in 4 out of 5 monthly monitored sectors of the economy, a double-digit growth was recorded only in selected market services. Turnover in industry and transportation and storage also reached slightly positive values, but did not exceed 1%. In construction, turnover continued decreasing by a tenth.
In the key sector of the economy, industrial enterprises1)2), recorded a slight turnover increase in in September 2024, year-on-year by 0.5% (at constant prices). However, it was only the third increase this year. Among the 16 monitored industrial sectors1), 6 of them recorded higher turnover year-on-year.
September´s turnover in selected market services2) rose by 11.6% year-on-year, growing at a double-digit rate for the third time this year.
After the decrease in August, turnover also increased slightly in transportation and storage enterprises, by 0.3%.
Sales in information and communication activities2) increased by 3.8% year-on-year, the growth rate slightly accelerated.
Turnover2) of construction enterprises also dropped by 10% year-on-year in September 2024, a double-digit decline was recorded for the third time in the current year. Lower turnover have persisted in construction industry for the past thirteen months.
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Development in September 2024 compared with August 2024
Turnover in a month-on-month comparison (after seasonal adjustments) increased in 4 out of 5 sectors – in industry by 2%, in transportation and storage enterprises by 0.7%, information and communication activities by 0.5% and in selected market services by 0.3%. Only construction recorded a month-on-month decrease, by 1.3%.
Development in the first nine months of 2024
In total, for the first nine months of 2024, turnover increased year-on-year in selected market services by 7.9%, information and communication activities by 5.1% and in transportation and storage by 1.8%. On the contrary, cumulative turnover dropped by 7.6% in construction and by 3.1% in industry.
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