Turnover of companies According to the Business Turnover Index, last August there was a 6.7% decrease compared to the same month in 2022, and the annual decrease compared to the previous month increased by almost three points (ICNE) was published this Friday by the National Institute of Statistics (INE).
With the decline in August, there was the most significant decline in the company’s sales chain since February 2021. Annual decline for five consecutive months After remaining positive for 25 consecutive months.
All sectors except services posted negative interannual rates in August. Sales increased by 2.9% Compared to the same month in 2022.
Supply amid declines electricity and waterdecreased its sales by 38.2%. They were being followed from a distance industryReduced its turnover by 6.2% compared to the same month of 2022 tradeIt was sold 2.2% less than in August last year.
Adjusted for seasonal and calendar effects billing The number of companies also decreased by 6.7% on an annual basis last August; This rate is 3.1 points lower than in July.
Biggest annual decline The largest part of the adjusted series was electricity and water supply (-38.6%), followed by industry (-6.3%) and trade (-2.1%). Services, on the other hand, increased its annual turnover by 3.3%.
Sales are stagnant
In monthly values and in the adjusted series, business turnover stagnated compared to the 1.1% increase recorded in the previous month. 3.3% monthly recovery It happened in the same month of 2022.
Sales increased in two sectors eighth month of the year Compared to the previous month: industry and trade increased by 0.7% and 0.1%, respectively. On the other hand, while there was no change in services, monthly billing for electricity and water supply decreased by 1 percent.