Short-term services turnover grows in Q4 2018

(source: Unsplash/Ostap Senyuk)

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Working-day adjusted turnover in selected services activities were up by year-on-year 1.7% in Q4 2018, and seasonally adjusted services turnover grew by 1.3% over the previous quarter, according to figures published by the Maltese National Statistics Office (NSO).

Real estate activities saw a massive 50.5% turnover hike during the last quarter of 2018, as compared to the same quarter year earlier.

Motor trade activities were up by 7.1%, transportation and storage activities grew by 4.2%, accommodation and food service activities rose by 3.4%, retail trade was up by 3.0%, administrative and support service activities increased by 3.0% and wholesale trade saw a rise of 2.1%, according to figures put out by the NSO.

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Turnover in scientific and technical activities dropped by 10.1% information and communication activities were down by 6.6% in Q4 2018, as compared to the base period.

The full report including charts and visual representation of data is available for download at the website of NSO.

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