Official Portal - Statistics Portugal

Services Turnover Index grew 22.1%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index grew 22.1% - January 2022
11 March 2022


Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 22.1%, up by 5.3 percentage points (p.p.) from December.

The month-on-month rate of change of the total index was 3.7% (-4.1% in December).

The year-on-year change rates of the indices of employment, wages and salaries and number of hours worked adjusted of calendar effects were 4.2 %, 4.2% and 9.2%, respectively (3.8%, 3.9% and 2.5% in December, by the same order).

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