The Transport and Storage Business Cycle Index for the first quarter of 2022 reached 96.8 points (base 2015=100), an increase of 39.3% compared to the corresponding quarter of 2021.
By economic activity, increases compared to the same quarter last year were recorded by air transport by 472.0%, water transport by 42.7%, storage and supporting transport activities by 41.1% and land transport by 23.3%, while postal and courier activities recorded a decrease of 13.4%.
Note.: NACE code 51 is not included in the graph
| Table | |||||||
| NACE Code Rev. 2 |
Economic Activity |
[TD]
Index
(2015=100)
[/TD] [TD] [/TD] [TD]Percentage Change
(%)
[/TD] [/TD][TR] [TD]
Jan-Mar2021
[/TD] [/TD] [TD]Jan-Mar 2022
[/TD] [/TD] [TD][/TD] [TD]
Jan-Mar 2022/
Jan-Mar 2021
[/TD] [/TD] [TD] [/TD] [TD]
[/TD] [/TR] [TR] [TD]
H
[/TD] [TD]Transport and A
[/TD] [TD]
69,5
[/TD] [TD]
96.8
[/TD] [TD] [/TD] [TD][39,3
[/TD] [TD] [/TD] [/TR] [TR] [TD]49
[/TD] [TD]Land transport and
pipeline transport
[/TD] [TD]71,7
[/TD] [TD]88,4
[/TD] [TD] [/TD] [TD]23,3
[/TD] [TD] [/TD] [/TR] [TR] [TD]50
[/TD] [TD]Waterborne transport
[/TD] [TD]41.2
[/TD] [TD]58.8
[/TD] [TD] [/TD] [TD]42,7
[/TD] [TD] [/TD] [/TD] [/TR] [TR] [TD]51
[/TD] [TD]Air transport
[/TD] [TD]319,8
[/TD] [TD]1.829.2
[/TD] [TD] [/TD] [TD]472.0
[/TD] [TD] [/TD] [TD] [/TD] [/TR] [TR] [TD]52
[/TD] [TD]Storage and support activities
[/TD] [TD]67,2
[/TD] [TD]94.8
[/TD] [TD] [/TD] [TD]41,1
[/TD] [TD] [/TD] [/TR] [TR] [TD]53
[/TD] [TD]Postal and courier activities
[/TD] [TD]138,6
[/TD] [TD]120.0
[/TD] [TD] [/TD] [TD]-13.4
[/TD] [TD] [/TD] [/TR] [/TR]
Note: The large fluctuations shown in the index values for sector 51 are due to the opening/closing of airlines.
METHODOLOGICAL INFORMATION
Definitions
The Index of Turnover in Transport and Storage monitors short-term developments in the turnover of enterprises active in the land transport and pipeline transport sectors, water transport, air transport, storage and supporting transport activities and postal and courier activities.
Data collection
The survey is a sample survey of enterprises active in the above sectors. It is carried out by telephone, fax and e-mail. Data are collected on a quarterly basis.
Method of calculation
The index is produced for the five branches of the Economic Activities Classification System (NACE Rev. 2) that make up the Transport and Storage sector. Its base year is 2015, i.e. it shows the change in turnover of enterprises for the reference period compared to the average of 2015. In the base year, the average of the quarterly indicators is 100.
The coefficients used for the weighting are derived from the total sales of enterprises in the base year (2015) and reflect the turnover of each industry relative to the sector as a whole.
The turnover index for transport and storage is compiled in the context of the implementation of Regulation (EU) 2019/2152 on European business statistics.
For more information. Postal: amilidoni@cystat.mof.gov.cy
(IK/EXP)
Contents of this article including associated images are belongs PIO
Views & opinions expressed are those of the author and/or PIO
Source
