Market Services - 3. quarter of 2007

In Q3 seasonally adjusted sales in market services increased by 1.7%, quarter-on-quarter, at constant prices. Year-on-year, not seasonally adjusted sales rose by 8.3%. The most rapid growth of sales was registered in other business activities (+9,2 %), other service activities showed a 1.7% increase.
In Q3 seasonally adjusted sales in market services ¹⁾ increased by 1.7%, quarter-on-quarter, at constant prices. Trend component grew by 1.5 %.

Graph 1
Year-on-year, sales grew in Q3 2007 by 8.3%. Since Q3 2007 had the same number of working days as Q3 2006, the effect of working days adjustment did not show. Seasonally adjusted sales increased by 6.4 %. Sales in other business activities recorded the biggest growth (+9.2%), q-o-q, for the last 10 years and contributed most (by 7.3 percentage points) to the total increase. Sales in computer and related activities increased by 5.4%.

Year-on-year development of not seasonally adjusted sales in market services broken down by CZ-NACE divisions:

- sales in computer and related activities increased by 5.4 % which was contributed to by all observed divisions. Sales in data processing and database activities increased by 5.0% and in hardware and in software consultancy and supply by 5.8%. Compared with the previous quarter also sales in maintenance and repair of office and computing machinery and in other computer related activities showed a 3.5% growth;

- in other business activities sales increased by 9.2 %. The fastest growth in the long term was recorded in labour recruitment and provision of personnel (by 20.6%) which is related to the growing number of agency workers mainly in industry. A two-digit growth was recorded for the first time in 2007 also for sales in architectural and engineering activities (+13.3%) and in legal, accounting activities and tax consultancy (+10.6%). Sales in advertising increased by 7.2 %, y-o-y, which was the biggest increase since Q4 2003. Interest in industrial cleaning continued to grow (+7.4%). Also investigation and security activities contributed to the total development by a 5.9% sales increase and so did the sales in miscellaneous business activities (+4.2%);

- in other service activities sales increased, y-o-y, by 1.7 % . While sales in washing and dry-cleaning of textile and fur products increased by 5.3%, sales in sections more significant in terms of volume such as hairdressing and other beauty treatment and funeral activities dropped by 0.2%.

---

Methodical note:
1) For the purpose of News Releases, market services include the following CZ-NACE categories – computer and related activities and other business activities and other service activities.
2) The whole time series is seasonally adjusted every quarter; indices in the graph are changed retroactively.


Contact: Boušková Marie, tel. 274052935, e-mail: marie.bouskova@csu.gov.cz
Data source: CZSO direct survey in enterprises
End of data collection: 2 November 2007
End of data processing: 7 November 2007
Quarterly data since 1997 are available in time series
(/mesicni_indexy_trzeb_trzni_sluzby_casove_rady)
Data for 2007 are preliminary; final data for 2007 will be known in June 2008 at the latest. Data for 2006 are final.