This Company turnover increased by 6.5% in last March compared to the same month of 2022According to the Business Turnover Index (ICNE), released this Tuesday by the National Institute of Statistics (INE), it expanded by half a point after gaining 6% the previous month.
Company sales shackled by March’s recovery Annual increases for 25 consecutive months After a negative year with the impact of Covid.
All sectors presented positive annual rates in March, except for electricity and water supply, which have reduced their sales by 19.4% over the years. The most prominent among the increases was services, which increased their sales by 11.5% compared to March 2022.
This was followed by industry, which increased its turnover by 9.7% compared to the same month of 2022, and trade, which sold 9% more than in March last year.
Adjusted for seasonal and calendar effects, company turnover increased by 7.2% compared to the previous year last March, the rate was eight-tenths higher than in February.
The largest increase in adjusted series was also Services (+12%), then industry (+10.3%) and trade (+9.7%). In contrast, it reduced its energy and water supply bill by 19.4%.
Monthly sales are stagnant
Business billing at monthly values and within adjusted series stopped in march After recovering 0.3% in February.
In the third month of the year, only the services sector increased its sales by 0.5 percent. Other sectors cut billingespecially supply electricity and water (-3.2%) and industry (-2.8%).
Trade, for its own sake, is a decrease in sales more moderate, 0.6%.