This retail trade recorded in March 5.5% drop in sales Rate compared to the same month of 2021 7.2 points lower than the previous month and its biggest drop since February 2021, when it fell 9.5%.
Thus, retail sales turned negative in March after two months of consecutive annual increases, As reported this Friday by the National Institute of Statistics (INE).
In march, Food sales in the retail sector fell 0.8% Compared to the same month of 2021, increases were recorded in other products by 11.3%, especially in other goods (-9.3%) and household appliances (-5%) and personal equipment (+6.7%). ).
According to distribution modes, sales decreased in all of them. The biggest decrease in sales was recorded in non-localized companies (-7.8%), followed by large chains (-5.8%), department stores (-5.2%) and small chains (-4.6%).
Also, retail Reduced its online sales by 14.3% On an annual basis in the third month of this year, it is the biggest drop since September 2011.
Eliminating seasonal and calendar effects, retail trade turnover fell 4.2% year-on-year in March, marking its biggest decline since February 2021 (-5.5%).
Sales fell 3.8% in the month
On a monthly basis (March 2022 compared to February 2022), it decreased its retail trade sales by 3.8%, eliminating seasonal and calendar effects, a 4.5 percentage point lower than the previous month.
According to the products, food increased 0.8%, the rest fell 7.7%. If the latter is broken down by product type, household appliances fell the most (-6.9%).
All distribution modes offered negative monthly rates, with small chains posting the biggest drop (-9.1%).
In terms of employment, the sector posted an employment increase of 2.3% year-on-year in March, four-tenths less than in February. With this increase, it is already accumulating eleven consecutive monthly increases from year to year.
Sales are falling in all Autonomous Communities except the Canary Islands
retail turnover Dropped at annual rate in March in all autonomous communities except the Canary Islands (+4.2%).
Thus, Galicia (-10.5%), Castilla – La Mancha (-9.8%) and the Principality of Asturias (-8.3%) showed the biggest decreases.
For its part, employment increased at an annual rate in all communities, with Cantabria posting the biggest increase (+4.3%), followed by the Balearic Islands (+4%) and La Rioja (+3.4%).
Source: Informacion
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