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Services Turnover Index slowed down to 0.2%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index slowed down to 0.2% - December 2018
12 February 2019

Summary

Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 0.2% in December (2.3% in November). In the 4th quarter of 2018, the year-on-year change rate was 2.5% (5.6% in the previous quarter). For the year 2018, services turnover index increased 5.0% (change rate of 6.7% in 2017).
The year-on-year change rates of the indices of employment, wages and salaries and number of hours worked adjusted of calendar effects were 0.7%, 2.9% and 4.6% respectively (1.4%, 8.4% and 0.0% in November, by the same order). In 2018, the indices of employment, wages and salaries and hours worked (gross data) grew 2.5%, 5.5% and 2.5%, respectively (change rates of 3.6%, 5.2% and 2.9% in 2017). Wages and salaries per capita shifted from 1.5% in 2017 to 3.0% in 2018, while wages and salaries per hour rose 2.9% (2.3 in the previous year).


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