2022 Edition 8 MONTHLY STATISTICAL BULLETIN Services turnover increased by 29.9% In February 2022, year-on-year: • The Services Turnover Index1 (STI) registered a nominal rate of change of 29.9% (8.6 percentage points (p.p.) more than in the previous month). The strong recovery in Hotels, restaurants, and similar establishments stood out, growing by 169.8%; The strong growth seen in the STI reflects base effects, as in February 2021 the rate of change had been -19.9%; • The remaining indices for Services registered the following rates of change: » Employment: 5.7% (4.2% in January); » Wages and salaries: 4.5% (3.9% in January); » Hours worked (adjusted of calendar effects): 18.0% (9.1% in January); In February 2022, the month-on-month rate of change concerning the STI was 1.8% (3.5% in the previous month). 1 Nominal data adjusted of calendar ans seasonal effects. Services Turnover Index (year-on-year rate of change) Total Turnover Index (year-on-year rate of change) Wholesale trade, trade and repair of vehicles and motorcycles Turnover Index (year-on-year rate of change) Accommodation and food services Turnover Index (year-on-year rate of change) Transportation and storage More information is available at: Business turnover, employment, wages, and hours worked in services – February 2022 11 April 2022 29.9% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% Feb-21 Apr-21 Jun-21 Aug-21 Oct-21 Dec-21 Feb-22 22.3% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Feb-21 Apr-21 Jun-21 Aug-21 Oct-21 Dec-21 Feb-22 169.8% -100.0% -50.0% 0.0% 50.0% 100.0% 150.0% 200.0% Feb-21 Apr-21 Jun-21 Aug-21 Oct-21 Dec-21 Feb-22 44.0% -40.0% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% Feb-21 Apr-21 Jun-21 Aug-21 Oct-21 Dec-21 Feb-22
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