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Methodological explanation for the news release:

Turnover indices in services

1. Purpose and meaning

The turnover indices of services are quarterly, and fall into the group of main European short-term economic indicators, for which there is European Regulation no. 1165/98 (EC), as amended by Regulation (EC) No. 1158/2005). The service turnover index is calculated on a base year (2015 = 100) and estimates the average change in turnover between two time periods. The service turnover indices are used to monitor current economic development and short-term predictions.

2. Sources of data

Administrative data from the Public Revenue Office are used for obtaining the indices of the turnover of services.

3. Definitions and other explanations

The turnover consists of the total invoiced accounts of the monitored unit during the reference period, which corresponds to the sale of goods or services on the market of third parties. The turnover excludes VAT and other rejected similar taxes directly linked to turnover as well as all taxes and duties on goods or services invoiced by the enterprise.

4. Included sectors, departments and groups from NACE Rev.2

In the calculations of the service turnover indices are included the following sections and divisions of NACE Rev.2:

• G/ Wholesale and retail trade, repair of motor vehicles and motorcycles
  o 45 Wholesale and retail trade and repair of motor vehicles and motorcycles
  o 46 Wholesale trade, except of motor vehicles and motorcycles

• H/ Transportation and storage
  o 49 Land transport and transport via pipelines
  o 50 Water transport
  o 51 Air transport
  o 52 Warehousing and support activities for transportation
  o 53 Postal and courier activities

• I/ Accommodation and food service activities
  o 55 Accommodation
  o 56 Food and beverage service activities

• J/ Information and communication
  o 58 Publishing activities
  o 59 Motion picture, video and television programme production, sound
  o recording and music publishing activities
  o 60 Programming and broadcasting activities 
  o 61 Telecommunications
  o 62 Computer programming, consultancy and related activities
  o 63 Information service activities

• L/ Real estate activities

• M/ Professional, scientific and technical activities
  o 69 Legal and accounting activities
  o 70 Activities of head offices; management consultancy activities
  o 71 Architectural and engineering activities; technical testing and analysis
  o 72 Scientific research and development
  o 73 Advertising and market research
  o 74 Other professional, scientific and technical activities
  o 75 Veterinary activities

• N/ Administrative and support service activities
  o 77 Rental and leasing activities
  o 78 Employment activities
  o 79 Travel agency, tour operator and other reservation service and related
  o activities
  o 80 Security and investigation activities
  o 81 Services to buildings and landscape activities
  o 82 Office administrative, office support and other business support activities

• S/ Other service activities

Last updated: 02.04.2019


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