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| PSC107S - Turnover value indices in market services rendered to the population, unadjusted series - base year 2015 |
| Definition |
The net turnover is calculated by summing up the invoiced returns from the sale of goods and commodities, the performance of works and services. Turnover does not include VAT, excise duties, subsidies received from public authorities or EU institutions and income from sale or transfer of fixed assets. Market services rendered to the population include the following activities: hotels and restaurants, travel agency, tour operator reservation service and related activities, gambling and other recreation activities, hairdressing and other beautifying activities, washing and (dry) cleaning of textile and fur products, funeral activities, body building and other services for natural persons (class of CANE Rev.2: 9603, 9604, 9609,9313). |
| Periodicity |
Monthly |
| Data sources |
Statistical survey on turnover in industry details |
| Methodology |
The data for the year 2008 period were recodified according to the new Classification of Activities in the National Economy (CANE Rev. 2), harmonised with the European classification in the field (NACE Rev. 2), and the data series were recalculated according to the new classification and as a result of changing the base year and the weighting system used to calculate the indices. The recalculation was based on the data collected in 2008, according to both CANE revisions, through the statistical survey on short-term indicators in industry.The data series for the 2000-2007 period was estimated according to CANE Rev. 2 on the basis of the matrix of conversion between the two versions of the classification. The matrix was built using the results of the survey meant to improve the statistical register and updated with information collected through the structural business survey.
Changes due to implementation of new classifications, the transition to a new reference year (2005, replacing the reference year 2000) and changes in the weighting system have generated changes of data published previously.
The value indices of the turnover are calculated in accordance with the provisions of Regulation (EU) no. 2152/2019, Regulation (EU) no. 1197/2020, EC Regulation no. 1165/1998 amended by European Parliament Regulation no. 1158/2005 regarding short-term statistics.
Volume/value indices of turnover are provisional and can be reviewed periodically, based on the corrections done retroactively by the enterprises in the sample, regarding data previously filled in.
In order to adjust the series, the DEMETRA programs package was used (TRAMO/SEATS method) estimating the effect of working days number different from one month to another and calendar effect (orthodox Easter, bisect year, and other national holidays) as well as the identification and correction of outliers (occasional, transitory or permanent level changes) and interpolation of missing values.
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| Last update |
FEB 22, 2024 |
| Observations |
The data are available starting with 2005. |
| Responsible person |
Tacu Irina Daniela; irina.tacu@insse.ro; tel. 0213181824/1474 |
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