SYNTHESIS INE@COVID-19, 17 AUG 2021

4 17 . August . 2021 SÍNT S IN @ COVID-19 Serviço de Comunicação e Imagem | tel: +351 21 842 61 10 | sci@ine.pt www.ine.pt pág. 6/20 Services turnover rose 20.3% The Services Turnover Index (STI) registered a nominal year-on-year rate of change of 20.3% in June (10.0 percentage points (p.p.) less than in the previous month). The sharp variation continues to reflect a base effect, given that the comparison focuses on months strongly affected by the COVID-19 pandemic. It should be noted that, compared to June 2019, the STI has decreased by 6.5%. In june 2021, the remaining Services indices presented the following year-on- year rates of changes: • Employment: 0.1% (-0.7% in May); • Wages and salaries: 8.4% (10.3% in May); • Hours worked: 9.8% (23.4% in May). In the 2 nd quarter of 2021, the STI recorded an increase of 30.4% compared to the same period of 2020 (-12.6% in the previous quarter), but remains 9.7% below the value registered in the same quarter of 2019. 1 Nominal data adjusted for calendar effects and seasonality. 20.3% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Apr-21 Jun-21 Services Turnover Index (year-on-year rate of change) Total 18.2% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Apr-21 Jun-21 Turnover Index (year-on-year rate of change) Wholesale trade, trade and repair of vehicles and motorcycles

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