Official Portal - Statistics Portugal

Services turnover index slow down to 19.6%
Business turnover, employment, wage and hours worked indices in services
Services turnover index slow down to 19.6% - June 2022
10 August 2022


Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 19.6%, down by 4.6 percentage points (p.p.) from May.

The 2nd quarter of 2022 registered an increase of 22.5% compared to the same period in 2021 (27,8% in the previous quarter).

The year-on-year change rates of the indices of employment, wages and salaries and number of hours worked adjusted of calendar effects were 7.7 %, 8.2% and 7.3%, respectively (8.1%, 10.1% and 10.7% in May, by the same order).

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