Official Portal - Statistics Portugal

Services turnover index slow down to 16.9%
Business turnover, employment, wage and hours worked indices in services
Services turnover index slow down to 16.9% - October 2022
13 December 2022


Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year rate of change of 16.9%, down by 4.9 percentage points (p.p.) from September.

The month-on-month change rate of the total index was -0.7% (0.4% 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 5.6 %, 9.8% and 5.5%, respectively (5.8%, 9.8% and 6.1% in September).

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