Official Portal - Statistics Portugal

Industry Turnover Index rose 12.7%
Business turnover, employment, wage and hours worked indices in industry
Industry Turnover Index rose 12.7% - January 2023
09 March 2023


Industry Turnover Index nominal and year-on-year change rate was 12.7% in January (11.2% in the previous month), still reflecting the strong effect of industrial prices, which increased 9.9%. Excluding the Energy grouping, sales in industry grew 13.6% (8.2% in December). Domestic market and non-domestic market increased 12.8% and 12.6% (10.9% and 11.6% in the previous month), respectively. 

Year-on-year change rates of employment, wages and salaries and hours worked (adjusted of calendar effects) were, respectively, 1.8%, 11.9% and 6.8% (1.8%, 6.7% and 1.1% in December).

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