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Services Turnover Index grew 19.4%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index grew 19.4% - December 2022
09 February 2023

Summary

Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 19.4%, up by 6.8 percentage points (p.p.) from November. In the 4th quarter of 2022, the year-on-year change rate was 16.1% (23.6% in the previous quarter). 

For the year 2022, services turnover index grew by 22.3% (in 2021, the same index increased by 9.9%).

The year-on-year change rates of the indices of employment, wages and salaries and number of hours worked adjusted of calendar effects were 5.3%, 11.7% and 5.5%, respectively (4.8%, 10.6% and 5.0% in November, by the same order). In 2022, the indices of employment, wages and salaries and hours worked (gross data) presented a year-on-year change rate of 6.5%, 9.9% and 9.5%, respectively (change rates of -1.4%, 2.3% and 1.0% in 2021).


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