The Total Turnover Index, covering industry, construction, trade, and services, increased by 35.4% year-on-year (YoY) in January 2025, reflecting strong growth across all major sectors.
Sectoral Breakdown (YoY Changes in January 2025)
- Industry: +25.6%
- Construction: +54.2%
- Trade: +35.9%
- Services: +47.6%
Monthly Increase at 1.6% in January
On a monthly basis, the Total Turnover Index rose 1.6% compared to December 2024, driven by notable growth in construction and services.
Sectoral Breakdown (MoM Changes in January 2025)
- Industry: -0.2% (decline)
- Construction: +10.2%
- Trade: +0.6%
- Services: +5.0%
The sharp annual rise in construction turnover (54.2%) and strong services sector growth (47.6%) highlight key drivers of economic expansion, while the monthly decline in industrial turnover (-0.2%) suggests a potential slowdown in manufacturing activity.