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Services Turnover Index grew 7.6%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index grew 7.6% - May 2023
11 July 2023


Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, increased 7.6%, up by 2.0 percentage points (p.p.) from the rate observed in April.

The month-on-month change change rate of the total index was 2.7% in May (-0.8% in the previous period).

The indices of employment, wages and salaries and hours worked adjusted of calendar effects presented year-on-year rates of change of 4.0%, 11.5% and 2.7%, respectively (4.3%, 11.0% and 3.5% in April).

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