This is an archived release.
Strong growth for hotels and restaurants
Hotels and restaurants increased their turnover with 9 per cent in the fourth quarter of 2005, compared with the same period last year. Freight transport and telecommunications also saw an increase in turnover, while water- and air transport experienced a slight decrease.
Since March.1s t2004 businesses involved in passenger transport among others were obliged to pay VAT. This implies that from this date we have access to VAT register data for these businesses. After an evaluation of the quality of these data, the old survey was ended in the last quarter of 2004. The change-over from the use of forms to the use of VAT register data makes comparison of the same periods of 2004 and 2005 difficult.
To minimize the effects from this change-over it has been chosen to chain the periods for the turnover index for these businesses. The basis for this chain is the ratio between the figures from the VAT register figures and the figures from the old survey of 2004. This ratio shows how much the old survey differs from the VAT register figures this year. The chaining is conducted by adjusting the former survey figures by this factor. This results in a level-change in the index-figures prior to 2004, while the progressions remains unaffected. The adjustment implies that the former survey index-figures now become comparable to the VAT register figures. It is still important to note that while using this method comparison between a given quarter in 2005 with the same quarter in 2005 remains difficult. Comparison between the year 2005 with the year 2004 remains unaffected by the transition to the use of VAT register data. In the following text it is therefore chosen to compare the years 2004 and 2005.
Hotels and restaurants had a 9 per cent increase in turnover from the fourth quarter of 2004 to the fourth quarter of 2005. Hotels with restaurants increased total turnover more than hotels without restaurants. Canteen- and catering businesses had an 8 per cent increase in turnover. The bars experienced an 8 per cent growth in the same period.
Slight decrease for water transport
The turnover for businesses within water transport had a 1 per cent increase compared with the fourth quarter of 2004. Ocean transport, which is accountable for the largest share of the turnover in water transport, had a 4 per cent decrease in turnover in the same period. Domestic sea transport had a 17 per cent increase in turnover, while businesses involved in domestic coastal transport experienced a 15 per cent decrease in turnover in the same period. The turnover in scheduled air transport decreased by 1 per cent, while the turnover in non-scheduled air transport decreased by 2 per cent.
Growth in telecommunications
The turnover in telecommunications increased by 5 per cent in the fourth quarter of 2005 compared with the fourth quarter of 2004. National post activities had a 1 per cent increase in turnover. Businesses involved in the radio and television industry had a 7 percent increase in turnover in the same period
Higher turnover in freight transport
The turnover in freight transport by road increased by 7 per cent in the fourth quarter of 2005 compared with the fourth quarter of 2004. Suburban transport experienced a 4.5 per cent decrease in turnover in the same period. The yearly turnover in scheduled land transport decreased by 10 per cent from 2004 to 2005.
Increase for travel agencies
Businesses involved in supporting and auxiliary transport activities and travel agency activities experienced a 4 per cent increase from 2004 to 2005. The growth has been stable trough 2005 with a 5 per cent increase from the first to the fourth quarter.
The statistics is now published as Turnover index for service activities.