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Services Turnover Index dropped 14.1%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index dropped 14.1% - August 2020
12 October 2020


Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of -14.1% in August (-15.7% in July).
The year-on-year change rates of the indices of employment, wages and salaries and number of hours worked adjusted of calendar effects were -8.4%, -6.2% and -10.8%, respectively (-8.9%, -7.3% and -14.5% in July, by the same order).

Despite the circumstances determined by the pandemic COVID-19, Statistics Portugal calls for the best collaboration by companies, families and public entities in responding to Statistics Portugal’s data requests. The quality of official statistics, particularly its ability to identify the impacts of the pandemic COVID-19, crucially depends on this collaboration, which Statistics Portugal thanks in advance.

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