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Industrial Turnover Index decreased 7.8%
Business turnover, employment, wage and hours worked indices in industry
Industrial Turnover Index decreased 7.8% - June 2023
09 August 2023


In both year-on-year and nominal terms, the Industry Turnover Index recorded a year-on-year rate of change of -7.8% in June (-1.7% in the previous month). Excluding the Energy grouping, sales in industry moved from a growth of 0.7% in May to a reduction of 1.5% in June. The change rates in the domestic and external market indices stood at -5.8% and -10.2% respectively (-1.4% and -2.0% in May).

In the 2nd quarter of 2023, turnover presented a year-on-year rate of change of -4.7% (6.5% in the previous quarter).

The employment and the wages and salaries indices registered year-on-year increases of 0.9% and 8.3% (0.8% and 8.6% in the previous month), respectively, while the hours worked (adjusted of calendar effects) index shifted from a growth of 1.2% in May to a decrease of 0.5% in June.

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