Indices and changes of turnover of enterprises providing accommodation and food services by months
Turnover index [services]
Turnover index an is indicator which shows turnover changes during a reference period, in comparison with base period. It is expressed as per cent.
Turnover index at current prices shows turnover changes in the corresponding period, when turnover was at prices of the period.
Turnover index against previous period (month or quarter) characterizes the turnover changes within the corresponding period (quarter). This indicator is essentially influenced by the factors of seasonal and calendar character. As a typical example enterprise turnover increase in the 2nd and 3rd quarter in air passenger transport, activity of hotels and camp-sites, services of travel agencies and tour operators can be mentioned here.
Turnover index against corresponding period of previous year shows the turnover changes within 12 months or 4 quarters. For example, turnover changes in the 4th of 2015 over the 4th quarter of 2014. This indicator is used for the calculation of Gross Domestic Product in macroeconomic analysis.
Turnover index over average monthly (quarterly) turnover of 2015 shows changes of turnover of corresponding period compared to average monthly (quarterly) turnover of 2015.