"Figure 2: The VAT quarter-on-quarter turnover diffusion index of negative 0.38 is the lowest on record at the total industry level","" "Quarterly VAT turnover diffusion index, Quarter 1 (Jan to March) 2018 to Quarter 2 (April to June) 2020, seasonally adjusted, current prices","" "","" "Notes","1. Index<0 means more firms reported a decrease in turnover rather than an increase." "Unit","%" "","" "Quarter ","All Industries","Agriculture, forestry and fishing","Production","Construction","Services" "2018 Q1","0","0.01","-0.01","0.02","0.02" "2018 Q2","0.01","0.01","0.04","-0.01","-0.01" "2018 Q3","0.04","0.02","0.04","0.06","0.04" "2018 Q4","-0.02","0.01","0","-0.02","-0.03" "2019 Q1","-0.01","-0.01","-0.01","-0.04","-0.03" "2019 Q2","0.03","0","0.04","0.06","0.05" "2019 Q3","-0.02","-0.04","-0.05","-0.02","-0.03" "2019Q4","-0.02","-0.04","-0.02","-0.03","-0.02" "2020Q1","-0.08","-0.04","-0.02","-0.13","-0.05" "2020Q2","-0.38","-0.06","-0.49","-0.48","-0.37"