The sales of the industry fall and those of services stop dead when stopping the GDP

0

The Spanish economy stopped dead in the third quarter of the year, with an advance of barely 0.2%, compared to the 1.5% registered between April and June, according to the advance of the National Accounts data recently published the National Statistics Institute. The INE has confirmed this morning two more data that give an idea of ​​what that break was like: sales of services closed September with an advance of 0.9%, much lower than the 2.1% that they had registered the previous month, in the middle of the high season of tourism. Meanwhile, industry billing fell by 3.5% that same month, in September, after having recovered in August.

If seasonal and calendar effects are eliminated, turnover from commerce increased by 1%, while that from other services did so by 0.8%. Specifically and by sector, sale and repair of vehicles and motorcycles registered the greatest dynamism (2.4%), followed by professional, scientific and technical activities (2%) and administrative activities and auxiliary services (2%) presented the greatest increases. On the opposite side, hospitality (−3.4%) and transport and storage (−1.7%) recorded the largest decreases.

If the data are compared with those of the same month of the previous year, the General Turnover Index of the Market Services Sector -corrected for seasonal and calendar effects- advances 20.2% in September compared to the same month of 2021 This rate is 2.5 points lower than that registered in August. The original series presents an annual variation of 20.1%, which is 3.2 points below that registered in August.

All the autonomous communities increased their service turnover in September compared to the same month in 2021, with the Balearic Islands (40.7%), Galicia (29.6%) and Navarra (24.9%) registering the highest increases. ) ; and those that decreased the most were La Rioja (10.8%), Castilla – La Mancha (11.2%) and Extremadura (11.2%). Regarding employment, it also slowed down. It advanced 3.3% year-on-year, at a good pace, although four tenths less than in August. Occupation rose 1.9% in commerce and 4.2% in other services.

Source: lainformacion.com

*The article has been translated based on the content of lainformacion.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

For all the latest news click here

Denial of responsibility! HOS is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at amritpaljha@gmail.com The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.