Services turnover index decreased by 6.2% in Italy

In the first quarter of 2020 the services turnover index decreased by 6.2% compared to the previous quarter, latest Istat data shows.

In particular the index decreased in accommodation and food service activities (-24.8%), transportation and storage (-6,4%), Wholesale trade, trade and repair of motor vehicles and motorcycles (-6.0%), administrative and support service activities (-2.0%), information and communication (-0.9%) and professional, scientific and technical activities (-0.4%).

In the first quarter of 2020 the services turnover index decreased by 7.2% compared to the fourth quarter of 2019.

In particular, the index decreased by 24.1% for accommodation and food service activities, by 7.8% for wholesale trade, trade and repair of motor vehicles and motorcycles, by 5.3% for transportation and storage, by 2.8 for administrative and support service activities, by 2.6% for professional, scientific and technical activities and by 2.4% for information and communication activities.

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