this Spanish companies who is dedicated to supply Energy electricity and water and sanitation and waste management had a record year. The business volume grew by an average of 106% between January and June compared to the same period of the previous year. activity more than doubled in this first semester. In fact, according to data from the National Institute of Statistics (INE), these companies’ revenues have been increasing since December 2020, a climb that began in October 2021 and peaked in March of this year.
Thus, Russia had just started its offensive against Ukraine. big unknowns in energy and aggravating a panorama that has been strained since the resurgence of activity after the pandemic paralysis revealed: much more energy was needed what was
In this way, the index analyzing the situation Company turnover The 115 of this sector in June of last year approached 220 in the last June. This indicator aggregates information on industry turnover, service sector activity or the state of retail trade, and data from administrative records such as sales declared by these firms in their VAT self-assessment. With all this on the table, utilities recorded an advance of 42% in June of last year, now 86% growth about. And the average increase for the first half as a whole rose from 23% to 106% this year.
This was published on Monday by the INE in an x-ray that analyzes the behavior of various economic sectors (non-financial) and contains generalized advances, but in no case so pronounced: the business of the mining and manufacturing industries, for example, gained 33% weight in June compared to the same month of 2021. ; 28% in non-financial market services; and trade, 21.4%.
general situation
In general, and above all due to the large revenue gap in the energy field, the business volume of all these companies increased by 30.5% in the middle of the year compared to the same period of the previous year. This indicator, now published by removing seasonal and calendar effects, is the sixteenth consecutive month, although slightly less than in previous months: three percentage points lower than in May.
In every situation, company turnover is increasing if the business volume is compared from one month to the next. Although the business turnover figure increased by 1.1% in May (also far from 5.2% in April), it did so by 1.5% in June. Also here energetic activity pulls the carbut in this case the income of the mining and manufacturing industry grows by twice as much.