This Retail trade down 0.8% in sales in November As reported this Thursday by the National Institute of Statistics (INE), it’s 2.3 points lower than the previous month compared to the same month of 2021.
Retail sales with November data Returning to negative rates after chaining positive annual rates for three consecutive months After a 3.2% drop in July.
Food sales in the retail sector in November decreased by 4% compared to the same month of 2021, while sales of other products increased by 0.4%, mainly due to the recovery in sales of personal equipment (+3.9%) and other goods. (+0.5%). Household goods sales fell 4.9% year-on-year.
on his behalf home equipment sales fell 4.9% year on year.
Through distribution, annual declines in sales were recorded in single-location companies (-4.5%), small chains (-2.9%), department stores (-2.6%) and large chains (-0.4%). ).
Retail trade invoices, in seasonal and calendar adjusted terms, decreased by 0.6% in November, 1.6 percentage points lower than in October.
Sales increased 3.8% per month
Monthly (November to October), retail trade increased its sales by 3.8% in seasonally adjusted seriesthe figure is 3.4 points higher than the previous month.
As November progressed, retail sales posted monthly gains for up to four months in a row.
According to products, in November, food sales decreased by 0.2% month on month, while other products increased by 5.9%, other goods sales increased by 3%, household goods sales increased by 0.7% and personal goods sales increased by 0.2%. .
All distribution modes showed positive monthly rates in November, except for single-location companies, which fell 0.7%.
Big stores (7.5%) recorded the biggest increase in monthly sales, followed by large chains (+4.8%) and small chains (+1.1%).
Employment growth slows down
when it comes DutyIn November, sector employment increased by 0.9% year-on-year.Six-tenths lower than in October.
With this recovery, retail trade employment has already accumulated year-on-year gains for 19 consecutive months.
The largest annual increase in employment can be seen at service stations (+2.3%) and large chains (+2.3%), followed by single-location companies (+1.4%) and large chains (+1.4%). +1.4%).
On the contrary, Department stores reduced their staff by 1.2% last year.
On a monthly basis, employment in the sector fell by 0.1%, highlighting the decline in occupancy rates at gas stations (-1%) and large chains (-0.9%).
Sales fell at ten CCAAs
Similarly, sales fell at an annual rate in 10 autonomous communities in November and increased in seven.
Castile-La Mancha (-4%), Basque Country (-3.8%) and Andalusia (-2.6%) showed the largest decreases, while the Balearic Islands (+5.2%), Canary Islands (+2%, 8) and Comunidad de Madrid (+1%) recorded the largest increases.
Employment rose year-on-year in eleven autonomous communities in November; The Balearic Islands recorded the largest increase (+5.6%), followed by the Canary Islands (+4%) and Extremadura (+3.8%).
Source: Informacion
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