Indices are adjusted by the number of working days and seasonality. In gross series, wholesale and retail trade turnover stood 27.5% below year-ago levels.

In October, the seasonally adjusted year-on-year decline stood at 31%.

Seasonally-adjusted turnover of ‘other services’ fell 19.1% from November 2008, due to the 57.4% decline in travel industry.

Compared to October, wholesale and retail trade turnover adjusted by the number of working days and seasonality fell 2.5% in November, while ‘other services’ decreased by 3.9%.

37.3% decline in Jan-Nov period

Wholesale and retail trade turnover adjusted by the number of working days and seasonality dropped 37.3% in the 11month period through November 2009, led by car sales that fell 45.2%.

In gross series, the turnover decreased by 38.4%.

As for services, the turnover adjusted by the number of working days and seasonality fell 14.4%.