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Business Turnover Drops 0,7 Percent as Energy Sector Faces Sharp Decline

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Business Turnover Drops 0,7 Percent as Energy Sector Faces Sharp Decline

Politics, Economics and U.S. News

Published on: Jan 18, 2026

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Business turnover recorded a slight decline with energy services showing the steepest drop and mining operations leading growth.

Overview of Business Turnover Shift

Business turnover across companies required to keep double entry accounting records recorded a decrease of 0,7 percent in November of the previous year, totaling 31.288.918 thousand euro compared to 31.498.921 thousand euro in November 2024.

Sector with the Largest Decline

According to the national statistics authority, the sector providing electricity natural gas steam and air conditioning experienced the most significant drop in turnover in November 2025 compared with November 2024 showing a decline of 14,4 percent.

Sector with the Strongest Growth

The mining and quarrying sector demonstrated the highest increase in turnover during the same period achieving growth of 22 percent.