Retail closed 2023 with record sales growth of 6.1%

No time to read?
Get a summary

HE retail trade Registered in 2023 an average 6.1% increase in sales, the largest increase since the series’ inceptionIn 2000, as reported this Wednesday by the National Institute of Statistics (INE).

With the recovery in 2023, retail trade andThere are three years of sales growth after the black year 2020 Due to the Covid crisis, there was a 6.8% decline in sales for the industry that year.

When seasonal and calendar effects are eliminated, retail trade turnover increased by 6% in 2023.

Retail sales increased by 3.4% annually in the last month of 2023The rate is 2.5 points lower than the previous month. With this recovery on an annual basis, retail trade turnover increased for 13 consecutive months.

In terms of employment, retail trade increased its employment by an average of 1.8% in 2023This rate is four tenths lower than in 2022, when employment in the sector increased by 2.2%. However, with the recovery in 2023, there is an increase in employment for three consecutive years.

No time to read?
Get a summary
Previous Article

Ibex 35 opened up 0.33% until the Fed’s decision on interest rates

Next Article

JAD scientists find that physical activity is associated with an increase in brain volume: physical activity increases brain volume in areas of memory and learning