SYNTHESIS INE@COVID-19, 16-Nov-2021

November . 16 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 9/16 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt The Services turnover increased by 13.0% The Services Turnover Index 1 (STI) registered a nominal year-on-year rate of change of 13.0% in September (+2.1 percentage points (p.p.) than in the previous month). The September 2021 index remained lower (1.8%) than the corresponding month of 2019. The remaining indices concerning Services presented the following year-on-year rates of change in September 2021: • Employment: 1.8% (1.1% in August); • Wages and salaries: 2.6% (3.2% in August); • Hours worked (adjusted of calendar effects): null rate of change (2.0% in August). 1 Nominal data adjusted for seasonal and calendar effects. More information is available at: Business turnover, employment, wages, and hours worked in Services – September 2021 (11 November 2021) 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 Concerning the month-on-month rate of change, in September 2021 the STI increased by 3.0% (2.6% in August). In the 3 rd quarter of 2021, there was an 11.7% increase in the STI compared to the same period of 2020 (30.4% in the previous quarter, a rate influenced by the comparison with a period of 2020 strongly affected by the pandemic). 13.0% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 11.4% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 25.6% -100.0% -50.0% 0.0% 50.0% 100.0% 150.0% Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 15.4% -40.0% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21