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Index of service and trade production, Slovenia, March 2020

Service and trade production in March 2020 down due to the epidemic

Service and trade production in March 2020 was the lowest since July 2016. Due to the restrictions in force during the epidemic, the production declined by 16.1% at the monthly level. It was also lower at the annual level, i.e. by 15.0% compared to March 2019.

  • 5/29/2020
  • |
  • provisional data

Distinct decline of service and trade production in March 2020

Monthly decline of service and trade production in March 2020 (by 16.1%) was the most distinct in the whole period of index calculation (since January 2010). The largest decline was previously recorded in July 2013, when the production declined by 4.3%. The epidemic had a larger impact on service activities, where the production dropped by 18.1%. In trade it declined by 11.9%.

In March production declined in all service activities. The impact of the epidemic was the most distinct in accommodation and food service activities, where the production dropped by 55.6%. Large declines were also recorded in administrative and support service activities (by 19.3%), in professional, scientific and technical activities (by 15.4%) and in transportation and storage (by 14.8%), and more moderate in information and communication (by 3.9%) and in real estate activities (by 1.9%).


Distinct decline of production also at the annual level

Service and trade production in March 2020 also declined distinctively at the annual level. Compared to March 2019 it went down by 15.0%. As was the case at the monthly level, the largest decline was previously recorded in July 2013 (by 3.3%). Decline at the annual level was also more distinct in service activities (by 16.9%) than in trade (by 12.1%).

As at the monthly level, the production among service activities at the annual level also declined in all service activities. It dropped the most in accommodation and food service activities (by 52.9%). In administrative and support service activities it went down by 27.2%, in transportation and storage by 15.1%, in real estate activities by 10.8% and in professional, scientific and technical activities by 10.0%. It declined the least in information and communication (by 1.4%).

In the first quarter of 2020 service and trade production declined by 5.2% compared to the first quarter of 2019. In service activities it declined by 5.5% and in trade by 4.6%. Among the service activities the production dropped the most in administrative and support service activities (by 16.4%). Despite the epidemic the production in information and communication grew (by 2.4%).
Index of service and trade production, Slovenia, (Ø 2015=100)
Index of service and trade production, Slovenia, (Ø 2015=100)
1) In the trend-cycle component the most recent data are unreliable (the end-point problem).
Source: SURS
Index of service and trade production, Slovenia
III 2020
II 2020
III 2020
III 2019
I-III 2020
I-III 2019
III 2020
Ø 2015
Total G-N1)83.985.094.8105.2
G Wholesale and retail trade88.187.995.4110.9
45 Wholesale, retail trade and repair of motor vehicles and motorcycles62.661.185.096.3
46 Wholesale trade, except of motor vehicles and motorcycles98.396.998.6123.7
47 Retail trade, except of motor vehicles and motorcycles87.088.295.9102.3
H-N Service activities81.983.194.5102.4
H Transportation and storage85.284.994.0113.4
49 Land transport and transport via pipelines87.386.394.8113.6
50 Water transportzzzz
51 Air transportzzzz
52 Warehousing and support activities for transportation91.184.993.1131.3
53 Postal and courier activities84.986.696.486.3
I Accommodation and food service activities44.447.184.460.4
55 Accommodation45.848.685.555.6
56 Food and beverage service activities43.746.284.164.4
J Information and communication96.198.6102.4109.0
58 Publishing activities75.173.186.466.0
59 Motion picture, video and TV programme production, sound recording and music publishing activities57.671.9103.392.2
60 Programming and broadcasting activities76.580.196.669.2
61 Telecommunications96.594.997.779.6
62 Computer programming, consultancy and related activities98.7107.4108.2140.6
63 Information service activities98.397.7107.6195.0
L Real estate activities98.189.291.888.4
M Professional, scientific and technical activities1)84.690.099.4111.1
69 Legal and accounting activities95.987.992.792.7
70.2 Management consultancy activities94.793.298.7153.9
71 Architectural and engineering activities; technical testing and analysis77.492.4106.1105.5
73 Advertising and market research96.195.6108.6123.8
74 Other professional, scientific and technical activities70.776.490.496.6
N Administrative and support service activities1)80.772.883.692.2
77 Rental and leasing activities86.781.599.0128.8
78 Employment activities92.662.568.583.5
79 Travel agency, tour operator reservation service and related activities42.729.181.156.9
80 Security and investigation activities83.391.4102.493.9
81 Services to buildings and landscape activities95.583.291.394.2
82 Office administrative, office support and other business support activities95.588.398.0160.2
z confidential
1) Service activities are covered according to Council Regulation (EC) No 1165/98 of 19 May 1998 concerning short-term statistics.
Source: SURS
METHODOLOGICAL NOTE
Data are seasonally adjusted, except for service activities: real estate activities (L68), rental and leasing activities (N77), and services to buildings and landscape activities (N81). Data for these service activities are available since 2015; only original data are available because due to short time series these activities have not yet been seasonally adjusted.

Data for the last 10 months are provisional. With each release the data for the last 10 months can be corrected and supplemented with new data.
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