Services - 4. quarter of 2024

“The all-year-round sales in services increased by 2.2% compared to the year 2023. None of individual sections of services reported a decrease and the highest contribution to the growth was recorded in transportation and storage with a y-o-y sales increase by 4.6%,” Tomáš Harák, Head of the Trade, Services, and Environmental Statistics Data Support Unit of the Czech Statistical Office (CZSO), says.

Quarter-on-quarter, seasonally adjusted sales in services¹⁾ increased in real terms by 0.1%, in the Q4. All industries of services recorded a sales growth except for the CZ-NACE section of professional, scientific and technical activities and the section of information and communication.

In the year-on-year comparison, sales adjusted for calendar effects increased by 2.1%. The biggest increase was recorded in the section of transportation and storage.

Development in individual industries of services (CZ-NACE sections) was as follows:

• Sales in transportation and storage increased by 6.1%. A double-digit growth was reported by air transport (by 18.5%). Sales also increased in the following: warehousing and support activities for transportation (by 9.1%), land transport and transport via pipelines (by 3.8%), and postal and courier activities (by 3.5%). On the other hand, sales in water transport decreased by 0.5%.
• Sales in accommodation and food service activities decreased by 0.1%. Sales in accommodation decreased by 1.7%; in food and beverage service activities they increased by 0.5%.
• Sales in information and communication increased by 2.8%. The biggest increase of sales was in computer programming, consultancy and related activities (by 4.6%), which include, for example, computer programming activities, computer facilities management activities, and computer consultancy activities. Sales also increased in telecommunications (by 3.0%) and in publishing activities (by 2.8%). On the other hand, lower sales compared to the previous year were reported by music and motion picture activities (by 1.8%), information service activities (by 3.2%), and programming and broadcasting activities (by 6.7%).
• Sales in real estate activities stagnated, y-o-y.
• In professional, scientific and technical activities²⁾ sales decreased by 1.0%. The most considerable sales decrease was in advertising and market research (by 7.6%). Sales also decreased in architectural and engineering activities; technical testing and analysis, namely by 3.6%. On the other hand, other professional, scientific and technical activities reported an increase of sales (by 4.0%). Higher year-on-year sales were also in activities of head offices; management consultancy activities (by 3.3%) and in legal and accounting activities (by 2.9%).
• In administrative and support service activities, sales increased by 2.7%. The highest increase of sales was recorded by office administrative, office support and other business support activities (by 10.4%). Sales were also increasing in travel agency, tour operator and other reservation service and related activities (by 7.1%) and rental and leasing activities (by 6.2%). On the other hand, a decrease of sales was recorded by employment activities (by 13.7%), security and investigation activities (by 2.2%), and services to buildings and landscape activities (by 2.1%).