Italy’s seasonally adjusted services turnover index rose 0.3 percent in the second quarter on a quarter-on-quarter basis. In particular the index rose 0.9 percent in Transportation and storage, whereas the index for administrative and support service activities rose 0.8 percent.
The wholesale trade, trade and repair of motor vehicles and motorcycles index rose 0.4 percent. The index for information and communication dropped 1 percent, whereas that for accommodation and food service activities fell 0.2 percent.
On a year-on-year basis, the services turnover index rose 0.4 percent. The index for transportation and storage rose 2.1 percent, whereas for administrative and support services activities it rose 0.4 percent. On the other hand, the index for information and communication activities dropped 1.3 percent, while that for professional, scientific and technical activities fell 0.1 percent.
Commentary
Italian services turnover index rises in Q2 2019
Italy’s seasonally adjusted services turnover index rose 0.3 percent in the second quarter on a quarter-on-quarter basis. In particular the index rose 0.9 percent in Transportation and storage, whereas the index for admi…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
