Official Portal - Statistics Portugal

Services Turnover Index grew 15.7%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index grew 15.7% - October 2021
13 December 2021


Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 15.7% in October, 2.7 percentage points (p.p.) higher than the rate observed in the previous month. 

The month-on-month rate of change of the total index was 3.7% (2.9% in September).

The year-on-year change rates of the indices of employment, wages and salaries and number of hours worked adjusted of calendar effects were 2.3 %, 3.7% and 0.9%, respectively (1.9%, 2.9% and 0.4% in September, by the same order).

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