The volume of sales in services no longer increases - August 2024
For all service sectors combined, as they are processed in this statistic, “HTNXK Total services excluding NACE code K (Financial and insurance activities)”, the volume of sales in August 2024 remains at the same level as in August 2023.
The volume of sales still increases in most NACE sections followed up in this statistic. The sharpest increases were registered in “I Accommodation and food service activities” (+4.5%) and “J Information and communication” (+2.2%). Only in the NACE sections “L Real estate activities” (-4.6%) and “H Transportation and storage) (-2.9%) does the volume of sales decrease.
For more information
Statbel publishes these indices based on REGULATION (EU) 2019/2152 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on European business statistics as regards services. According to that regulation, the indices are established on a monthly basis from reference year 2021 onwards. For the reference years 2000 to 2023, Statbel published a statistic produced on a quarterly basis.
Monthly indices are expressed with reference year 2021=100. In addition to gross indices, Statbel publishes indices adjusted for seasonal and working day variations.
Purpose and brief description
Evolution of turnover in market services, excluding financial and insurance activities (NACE section K), arts, entertainment and recreation (NACE section R) and other service activities (NACE section S).
The indices of turnover provide information on the volume and value of turnover in:
- NACE sections H, I, J, L, M (excluding NACE codes 701, 72 and 75: “M_STS”) and N
- NACE divisions 49 to 53, 55, 56, 58 to 63, 69, 71, 73, 74 and 77 to 82
- NACE group 70.2
- the total of market services, excluding financial and insurance activities (NACE section K), arts, entertainment and recreation (NACE section R) and other service activities (NACE section S): “HTNXK”
Not only the gross indices are published, but also the deflated indices. The deflated indices take the price changes of the products sold into account. Turnover includes all amounts (excluding VAT) corresponding to the sale of goods and services by the VAT-registered unit to third parties in Belgium or abroad.
The legal basis for these indices is REGULATION (EU) 2019/2152 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on European business statistics as regards trade. Based on this regulation, (deflated) indices are calculated for turnover in value and in quantity with a monthly frequency. Before this regulation came into force, indices were only calculated in value and at a quarterly frequency. These indices remain available on this page.
Reference year
Since 2024, Statbel has been publishing indices calculated on a monthly basis with reference year 2021=100. The series with a monthly frequency are available as of the year 2021.
For the period 2000-2023, indices are calculated on a quarterly basis with reference year 2015=100. These series remain available, but will no longer be updated. So these files end in the 4th quarter of 2023.
Population
Indices with a monthly frequency (as of the year 2021): enterprises with a main economic activity in NACE sections H, I, J, L, M (excluding NACE codes 701, 72 and 75) and N.
Indices with a quarterly frequency (2000-2023): enterprises with a main economic activity in NACE divisions 45 and 46 and in NACE sections H to N.
Periodicity
Monthly since the year 2021: indices in value and deflated indices.
Quarterly for the years 2000 to 2023: indices in value.
Release calendar
Results available 2 months after the reference period.
Definitions
Economic activity (NACE-BEL): classification of economic activities, version of 2008
Gross index: gross index of turnover in value.
Index (SA-WDA): index of turnover in value, seasonally adjusted and working-day adjusted
Index (WDA): index of turnover in value, working-day adjusted
Deflated gross index: deflated gross index of turnover
Deflated index (SA-WDA): deflated index of turnover seasonally adjusted and working-day adjusted
Deflated index (WDA): deflated index of turnover, working day adjusted