service industry As reported by the National Institute of Statistics (INE) this Friday, it increased its turnover by 23.2% in August compared to the same month of 2021, increasing the increase recorded in the previous month by five points.
With the arrival of August, the service chain Annual increases for 18 consecutive months after a year of decline due to the pandemic.
Within the industry as a whole, the biggest advances in sales are administrative activities and ancillary services (+36.1%), wholesale trade (+29.1%) and hostel (accommodation services and food and beverage services) increased its turnover by 24.4% compared to the previous year.
In particular, while increasing the sales of accommodation services by 34.4%, food and beverage services They billed 17.7% more than in August 2021.
by activitiesThe biggest increases in sales were recorded by travel agencies and tour operators, doubling (+103.3) and air transport, increasing 89.1%.
More business turnover
for your sharetrade increased its annual turnover by 23.7%, Other services, including accommodation, along with other sub-sectors, recorded a 22.4% increase in sales compared to August 2021.
In trade, the largest annual increase in sales, wholesale trade (+29.1%), then retail trade (+15.9%) and vehicle sales and repair, increased its turnover by 12% in August compared to the previous year.
In the case of other services, the highest annual increase in sales was recorded in administrative activities (+36.1%), followed by hotels (+24.4%); transport and storage (+23.6%); professional, scientific and technical activities (+19%) and information and communication (+10.7).
by autonomous communities, all in their own annual turnover. The biggest advances in sales in the service sector were in the Balearic Islands (+41.2%), Galicia (+32.8%), the Canary Islands (+30.2) and Madrid (+28.4). La Rioja (+9.4%) and Castilla-La Mancha (+13.7%).
Fixed for calendar effect and seasonality, The turnover of the services sector increased by 22.7% in August compared to the same month of 2021, increasing by two points compared to July.
In the first eight months of the year, sales in the services sector increased by 22.7% on average (+22.9% in seasonally adjusted series), travel agency (+208.8%), Air transportation (+144.1%) and Accommodation Services (+117%).
Sales increased 2%
monthly and seasonal and calendar adjusted data, The services sector posted a 2% month-on-month increase in sales in August after two months of decline.
Other services I have donesales increased 1.5% monthly, Billing rose in all sub-sectors except transport and warehousing, where it fell 0.2%. The greatest monthly progress was made in professional, scientific and technical activities (+8.3%). This was followed by accommodation and administrative activities (+1.7% in both cases) and information and communication (+1.1%).
On the other hand, trade Increased sales by 2.3% in August Compared to the previous month, it was the leading increase in vehicle sales and repair (+4.3%). Wholesale trade billed 2.4% more and retail 1.6% more than in July.
By sub-sector, the largest monthly increases in sales occurred in other sectors. Professional, scientific and technical activities (+14.9%); oppression (+7.3%) and architectural and engineering technical services (+6.9%).
Among the monthly declines in sales, film events, television programs and music broadcastingBilling 1.9% less than in July; office administrative activities (-1.7%) and employment-related activities (-1.1%).
Slows job growth
For the seventeenth consecutive month and after more than one year of decline, Job grew in the service sector in August and annual rate of 3.6%, Five-tenths lower than in July.
In August, occupancy rates increased by 4.6% in other services and by 2.1% in trade. Among other services, hostel It was the company that increased the occupancy rate the most with 7.1% compared to the previous year, followed by information and communication (+6.1%).
Only two communities experienced job losses in the service sector in August: Aragonwith a 1.1% decrease in occupancy compared to the previous year and Cantabrian (-0.1%). Fifteen other regions recorded annual increases in employment. Balearic Islands Increasing the number of employment in the sector by 10.1% compared to the previous year, it became the first once again and became the only region with a double-digit increase in employment.
Behind it, the inter-year advances of the occupation, Canary Islands (+6.5%), Estremadura (+4.8%), Catalonia (+4.5%) and Madrid (+4.4%), with the most moderate increases recorded by La Rioja (+0.3%), Castilla y León (+1.3) and Basque Country (+1.5).