Official Portal - Statistics Portugal

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Services Turnover Index increased 2.1%
Business turnover, employment, wage and hours worked indices in services
Services Turnover Index increased 2.1% - July 2026
11 September 2026

Summary

In July, the Services Turnover Index recorded a year-on-year nominal growth of 2.1%, corresponding to a deceleration of 2.5 percentage points (p.p.) compared with the previous month. In real terms, the deflated index decreased 2.6%, down by 2.5 from June.

On a month-on-month basis, the nominal index fell by 1.6%, following a 2.6% increase in June.

The indices of employment, wages and salaries and hours worked (adjusted for calendar effects) recorded year-on-year changes of -1.3%, 4.9%, and 0.6%, respectively (1.5%, 7.1%, and 2.0% in June).


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