Services - 4 quarter 2014
Sales in services grew by 0.6% in 2014
Publication Date: 09. 02. 2015
Product Code: 180030-14
In Q4 2014, seasonally adjusted sales in services decreased, quarter-on-quarter, at constant prices, by 0.4%. Working days adjusted sales fell by 0.7%, year-on-year, non-adjusted by 1.1%. Drop of sales in transportation and storage and in professional, scientific and technical activities had the biggest influence on the overall development. Over the whole year 2014 sales in services rose at constant prices by 0.6%, year-on-year.
- sales in transportation and storage decreased by 2.3%. The drop owed mainly to the development in warehousing and support activities for transportation where sales recorded a decrease (-6.6%) for the first time after 12 quarters of growth. Decrease was also reported for postal and courier activities (-0.3%). By contrast, water transport, air transport and land transport and transport via pipelines showed a growth (+7.4%, +3.0% and +0.3%, respectively);
- sales in real estate activities dropped by 1.3%. Sales in buying and selling of own real estate and renting and operating of own or leased real estate decreased by 2.2%, by contrast, sales of real estate agencies increased by 1.2%;
- sales decreased in professional, scientific and technical activities2) (-2.1%). Growth was recorded in advertising and market research (+2.0%) and in other professional, scientific and technical activities (+1.5%). Sales dropped in activities of head offices; management consultancy activities (-8.6%), in architectural and engineering activities (-2.8%) and legal and accounting activities (-2.5%);
In 2014 sales in services1) increased by 0.6%, year-on-year, at constant prices, while this was the first growth recorded since 2008. The biggest contributor to the overall growth was the most significant division in terms of volume, i.e. transportation and storage which showed bigger sales already for the fifth year in a row.
- the growth of sales in transportation and storage by 2.1% was contributed by all divisions except for postal and courier activities which were declining for the third year already (this time -4.3%). The growth in sales was affected mainly by the development in land transport and transport via pipelines (+2.9%) in terms of volume transported. Over the whole year 2014 warehousing and support activities for transportation showed a growth (+2.1%) even though that in the last quarter a drop of sales was recorded. Water transport and air transport also reported a growth (+3.1% and +0.8%, respectively);
- sales in information and communication increased by 1.8%. An increase was recorded for publishing activities (+6.7%), for programming and broadcasting activities (+5.6%) and information service activities (+4.3%) which include news agencies, web portals and webhosting. A growth was reported also for the volume most important activities in the area of computer programming, consultancy and related activities (+1.9) and telecommunications (+0.3%). By contrast, a drop was reported only for music and motion picture activities (-4.2%) mainly due to the development in the latter half of 2014;
Notes:
Data for the Q4 2014 are preliminary; final data for individual quarters of 2014 will be available in June 2015 at the latest.
Responsible head at the CZSO: Marie Boušková, phone number: (+420) 274052935, e-mail: marie.bouskova@csu.gov.cz
Contact person: Jana Gotvaldová, phone number: (+420) 274052691, e-mail: jana.gotvaldova@csu.gov.cz
Method of data acquisition: direct survey of the CZSO (SP 1-12)
End of data collection: 27January 2015
End of data processing: 30 January 2015
Related outputs: Basic indices since 2000 and y-o-y indices since 2001 are available in time series (excluding section J, which is available since 2005 or rather 2006).
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Next News Release will be published on: 11 May 2015
1) For the purpose of News Releases, services include the following CZ-NACE sections: Transportation and storage (H), Accommodation and food service activities (I), Information and communication (J), Real estate activities (L), Professional, scientific and technical activities – without Scientific research and development and Veterinary activities (M without 72 and 75), Administrative and support service activities without Landscape service activities (N without 81.3).
2) For the purpose of News Releases section M – Professional, scientific and technical activities does not include CZ-NACE 72 – Scientific research and development and CZ-NACE 75 – Veterinary activities.
3) For the purpose of News Releases section N – Administrative and support service activities does not include CZ-NACE 81.3 – Landscape service activities.