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Service and trade production in September 2019 declined for the second consecutive month. At both annual and monthly level it grew in trade and declined in service activities.
Growth of production in trade, decline in service activities
After the decline in August, service and trade production in September declined again. The change in September was minimal (by 0.1%), because the decline in service activities (by 1.3%) was mitigated by the growth in trade (by 1.2%).
The decline in service activities is the consequence of the decline in information and communication (by 2.0%) and in administrative and support service activities (also by 2.0%). It grew in real estate activities (by 7.4%), in professional, scientific and technical activities (by 1.8%) and in transportation and storage (by 0.2%). In accommodation and food service activities it was at the August level.
Production higher than in September 2018
As at the monthly level, the production at the annual level declined in service activities and grew in trade. The change was more distinct in trade (by 4.3%) than in service activities (by 0.3%), so the production of both together in September 2019 grew by 1.6% over September 2018.
The largest decline among the service activities was recorded in administrative and support service activities (by 10.1%), followed by transportation and storage (by 3.2%) and information and communication (by 3.0%). The production at the annual level grew in professional, scientific and technical activities (by 9.0%), in accommodation and food service activities (by 4.2%) and in real estate activities (by 1.8%).
In the first nine months of 2019 the production grew by 4.0% compared to the same period of 2018. It grew both in trade (by 5.4%) and in service activities (by 3.1%). Among the latter the change was the most noticeable in professional, scientific and technical activities, where the production grew by 6.7%. It declined the most in administrative and support service activities (by 5.6%).
Index of service and trade production, Slovenia
1) Service activities are covered according to Council Regulation (EC) No 1165/98 of 19 May 1998 concerning short-term statistics.