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Index of service and trade production, Slovenia, May 2020

Service and trade production up in May 2020

After two months of significant decline service and trade production grew in May 2020. This was the consequence of easing the epidemic-related restrictions. At the monthly level production grew by 13.6%, but at the annual level it still declined by 18.1%.

  • 7/31/2020
  • |
  • provisional data

Growth of production due to easing of restrictions

Due to less restrictive epidemic-related measures, service and trade production in May 2020 grew by 13.6% compared to April 2020. The growth was more prominent in trade (by 22.1%) than in service activities (by 7.9%).

Among the service activities, production grew the most in accommodation and food service activities (by 141.6%). The growth was more moderate in transportation and storage (by 10.1%), in professional, scientific and technical activities (by 7.0%), in administrative and support service activities (by 5.3%) and in information and communication (by 0.5%). Production only declined in real estate activities (by 8.0%).


Production at the annual level still down

Although production at the monthly level grew, it still declined at the annual level – compared to May 2019 by 18.1%. It declined more in service activities (by 24.8%) than in trade (by 6.6%).

Production at the annual level declined in all groups of service activities, most notably in accommodation and food service activities (by 65.3%). In administrative and support service activities it declined by 34.6%, in real estate activities by 27.1%, in transportation and storage by 21.8%, in professional, scientific and technical activities by 14.3% and in information and communication by 8.2%.

Production also declined in the first five months of 2020 compared to the same period of 2019, namely by 12.6%. Decline was also more significant in service activities (by 14.7%) than in trade (by 8.9%). Production dropped in all groups of service activities, most notably in accommodation and food service activities (by 41.7%).
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
V 2020
IV 2020
V 2020
V 2019
I-V 2020
I-V 2019
V 2020
Ø 2015
Total G-N1)113.681.987.4101.9
G Wholesale and retail trade122.193.491.1117.7
45 Wholesale, retail trade and repair of motor vehicles and motorcycles186.282.676.3130.3
46 Wholesale trade, except of motor vehicles and motorcycles113.293.894.7119.3
47 Retail trade, except of motor vehicles and motorcycles119.197.192.7112.0
H-N Service activities107.975.285.392.7
H Transportation and storage110.178.286.5106.1
49 Land transport and transport via pipelines111.876.886.1101.7
50 Water transportzzzz
51 Air transportzzzz
52 Warehousing and support activities for transportation103.381.887.6122.7
53 Postal and courier activities102.286.591.285.5
I Accommodation and food service activities241,6 M34,7 M58,3 M43,7 M
55 Accommodation135.215.853.317.7
56 Food and beverage service activities299,7 M49,4 M62,2 M66,7 M
J Information and communication100.591.898.6102.5
58 Publishing activities105.279.183.473.1
59 Motion picture, video and TV programme production, sound recording and music publishing activities91.439.074.162.1
60 Programming and broadcasting activities108.777.186.467.4
61 Telecommunications107.899.196.679.8
62 Computer programming, consultancy and related activities98.694.2104.0128.2
63 Information service activities106.492.4100.7178.9
L Real estate activities92.072.985.475.1
M Professional, scientific and technical activities1)107.085.791.5101.1
69 Legal and accounting activities106.781.086.381.4
70.2 Management consultancy activities100.387.093.8144.6
71 Architectural and engineering activities; technical testing and analysis107.989.795.292.6
73 Advertising and market research113.482.292.7103.6
74 Other professional, scientific and technical activities133.968.778.893.5
N Administrative and support service activities1)105.365.474.982.1
77 Rental and leasing activities130.568.180.3129.2
78 Employment activities94.257.763.971.4
79 Travel agency, tour operator reservation service and related activities47,7 M5,1 M36,0 M3,5 M
80 Security and investigation activities100.088.096.690.0
81 Services to buildings and landscape activities110.886.287.7101.9
82 Office administrative, office support and other business support activities117.672.183.4124.8
M less reliable estimate – use with caution
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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