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Services Turnover Index slowdown to 0.6%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index slowdown to 0.6% - November 2023
11 January 2024


In November, services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 0.6%, down by 0.2 percentage points (p.p.) compared to October 2023.

Regarding the monthly variation of the total index, there was a decrease of 0.9% in November, while in the previous  period, this indictor had recorded -0,1%.

The indices of employment, wages and salaries and number of hours worked adjusted of calendar effects presented year-on-year change rates of 3.4 %, 7.8% and 1.4%, respectively (compared to 3.3%, 9.0% and 2.1% in October).

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