Turnover index in the services sector increases 2.5% in the first quarter of 2019

Praia, May 31 (Inforpress) – The turnover index in the sector of non-financial market services registered a 2.5% increase in the first quarter of 2019, the National Statistics Institute (INE) reported.

According to the data released today, wholesale, repair of motor vehicles and motorcycles, lodging and catering are the sections that presented the most relevant contributions to the variation of the aggregate index (2,3 and 1,8 percentage points), as a result of changes of 4.0% and 8.6%, respectively.

The remaining sections present a contribution of -1.5 percentage points for the index variation.

Data show that part-time ande full-time employment rates recorded year-on-year changes of 2.0% and 2.2%, respectively, while the gross remuneration index was 4.0% year-on-year and decreased by 2% 9% in quarterly terms.

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