JANUARY 2022 15 MONTHLY STATISTICAL BULLETIN Services turnover increased by 21.7%. In November 2021: • The Services Turnover Index (STI) registered a nominal year-on-year rate of change of 21.7% (+6.0 percentage points (p.p.) vis-à-vis the previous month); This growth in the STI was driven by the strong recovery in the sector of Accommodation, Food services, and similar; • For the second consecutive month since the start of the pandemic, the index showed a higher value than that of the corresponding month of 2019; • The remaining indices for Services showed the following year-on-year rates of change: » Employment: 3.2% (2.5% in October); » Wages and salaries: 4.2% (4.0% in October); » Hours worked (adjusted of calendar effects): 3.2% (1.4% in October); • The month-on-month rate of change concerning the STI slowed down to 0.9% (rate of change of 3.4% in the previous month). 1 Nominal data adjusted of calendar and 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 21.7% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% �ov-20 �an-21 �ar-21 �ay-21 �ul-21 �ep-21 Nov-21 �ov-20 �an-21 �ar-21 �ay-21 �ul-21 �ep-21 Nov-21 15.5% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% �ov-20 �an-21 �ar-21 �ay-21 �ul-21 �ep-21 Nov-21 76.6% -100.0% -50.0% 0.0% 50.0% 100.0% 150.0% �ov-20 �an-21 �ar-21 �ay-21 �ul-21 �ep-21 Nov-21 37.0% -40.0% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% More information is available at: Business turnover, employment, wages, and hours worked indices in Services – November 2021 (12 January 2022)
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