Official Portal - Statistics Portugal

Services Turnover Index grew 13.0%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index grew 13.0% - September 2021
11 November 2021


Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 13.0% in September, 2.1 percentage points (p.p.) higher than the rate observed in the previous month. 

The 3rd quarter of 2021 recorded an increase of 11.7% over the same period in 2020 (30.4% in the previous quarter).

The month-on-month rate of change of the total index was 3.0% (2.6% in August).

The year-on-year change rates of the indices of employment, wages and salaries and number of hours worked adjusted of calendar effects were 1.8 %, 2.6% and 0.0%, respectively (1.1%, 3.2% and 2.0% in August, by the same order).

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