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Industry Turnover Index rose 37.3%
Business turnover, employment, wage and hours worked indices in industry
Industry Turnover Index rose 37.3% - May 2021
08 July 2021

Summary

Industry Turnover Index nominal and year-on-year change rate was 37.3% in May, down by 16.4 percentage points from the previous month. The indices for the domestic market and the non-domestic market grew, respectively, 26.3% and 56.3% (35.6% and 86.4% in April, in the same order). The strong increases observed reflect a base effect, as the comparison focuses on months significantly affected by the pandemic. Comparing May 2021 with May 2019, the total, domestic and non-domestic market indices were lower by 6.1%, 4.8% and 7.9%, respectively.
Employment, wages and hours worked,adjusted of calendar effects, increased 0.7%, 7.5% and 22.1%, respectively (0.1%, 8.2% and 31.0% in April, by the same order).


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