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Services Turnover Index recorded a negative year-on-year change rate
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index recorded a negative year-on-year change rate - March 2016
17 May 2016

Summary

Services turnover index, adjusted for calendar and seasonal effects, decreased 5.7% in March, in year-on-year and nominal terms (change rate of 2.3% in February).
In the 1st quarter 2016, turnover in Services decreased 2.1% (change rate of -4.3% in the 4th quarter 2015).
The year-on-year change rates of the indices of employment, wages and salaries and of the number of hours worked were 0.5%, 1.3% and -2.1%, respectively (0.4%, 1.5% and 2.3% in February, by the same order).


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