Bulgaria's Transport Turnover Down by 10.5% Y/Y in Q1 2012

Turnovers in the IT industry, travel agency and tour operator activities, security and investigation activities and office administration activities registered annual increases in the first three months of 2012, according to information of the National Statistical Institute (NSI).

According to NSI data about turnover indices in services in Q1, 2012, the transport sector registered an annual decrease of over 10%.

Turnover indices in the advertising and market research sector and in architectural and engineering activities also posted annual declines.

According to preliminary data for Q1 2012, the total turnover index for the "Transportation, storage and post" sector, calculated on the basis of seasonally adjusted data, was 4.4% higher than the previous quarter.

The upward trend was registered due to the increases in land transportation activities and in warehousing and transportation support activities by 6.8% and 5.2% from the previous quarter.

At the same time, the water transport segment registered a decrease of 7.3%, air transport declined by 1.4% and postal and courier activities fell by 6.7%.

The total turnover index in the „Information and communication" sector decreased by 0.7% quarter on quarter.

A substantial decrease of 24.4% was registered in the segment of "Motion picture, video and TV program production, sound recording and music publishing activities", while information services fell by 5.7%.

Quarter on quarter increases were also registered in publishing activities (up by 6%) and telecommunications, computer programming, consultancy and related activities (0.5%).

In the sector of "Other business services", the highest quarter on quarter increases were observed in "Travel agency and tour operator activities and other reservation services" (up by 61.5%) and in office administration activities and other business support activities (up by 12.0%).

The working day adjusted total turnover index in the "Transportation, storage and post" sector fell by 10.5% compared to the fourth quarter of 2011.

The biggest reductions were recorded in water transport (down by 29.8%), land transport (down by 14.4%) and air transport (down by 10.3%).

Warehousing and transportation support activities increased by 2.4%.

In Q1, 2012, the total working day adjusted turnover index in "Information and communication" sector increased by 1.5% compared to Q1, 2011.

The increase was mainly due to the increases in the segments of "Computer programming, consultancy and related activities" (15.3%) and "Publishing activities" (10.7%).

The most significant decrease of 20.7% was registered in the segment of "Information service activities".

In the sector of "Other business services", the biggest year on year increases were recorded in "Travel agency and tour operator activities and other reservation services" (up by 14.8%) and security and investigation services and office administration services (up by 11.8%).

A substantial decrease of 28.2% was registered in "Other professional, scientific and technical activities".

"Advertising and market research" declined by 19.7% and "Architectural and engineering activities" fell by 16.1%.

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