In July, the Turnover Index in Services recorded a year-on-year increase of 3.7%, reflecting an acceleration of 0.5 percentage points (p.p.) compared to the previous month. In real terms, the deflated index grew by 0.6%, slightly above the 0.5% recorded in the previous month.

The monthly rate of change of the nominal index in July stood at 0.8% (-1.0% in the previous month).

The employment and wage indices recorded year-on-year changes of 1.5% and 7.7%, respectively, in July (2.9% and 10.4% in June).