Key findings: P0043 - Statistics of Liquidations and insolvencies, August 2017

The total number of liquidations showed a decrease of 1,1% in August 2017 compared with August 2016. Voluntary liquidations decreased by 14 cases while compulsory liquidations increased by 12 cases. Six out of the ten industries decreased year-on-year with financing, insurance, real estate and business services showing the largest decrease from 72 to 49 (23 fewer liquidations).

There was a decrease of 5,5% in the three months ended August 2017 compared with the three months ended August 2016. The total number of liquidations recorded for the first eight months of 2017 decreased by 10,4% compared with the first eight months of 2016.

The estimated number of insolvencies increased by 13,7% year-on-year in July 2017. A 6,0% increase was estimated in the three months ended July 2017 compared with the three months ended July 2016. Seasonally adjusted insolvencies increased by 4,1% in July 2017 compared with June 2017. This followed month-on-month changes of 18,1% in June 2017 and -1,4% in May 2017.