Italian services turnover index rises year-on-year in Q2

The services turnover of Italy rose in the second quarter. The turnover index was up 2.7 percent year-on-year, noted the official statistics institute, Istat. In particular, the index for accommodation and food service activities rose 6.1 percent and for transport by 4.4 percent.

The index for warehousing and support activities rose 3.5 percent, whereas for administrative and support service activities the index rose 2.6 percent.  The index for wholesale trade, trade and repair of motor vehicles and motorcycles was up 0.2 percent, while the index for information and communication rose 0.2 percent. The services turnover index dropped 0.9 percent for professional, scientific and technical activities.

For the second quarter, the seasonally adjusted services turnover index rose 0.7 percent quarter-on-quarter. In particular, the index rose in accommodation and food service activities, in administrative and support services activities, in wholesale trade and repair of motor vehicles and motorcycles, in Transport, Warehousing and support activities and in Information and communication. The index decreased in Professional, scientific and technical activities.

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