this sales retail trade 3.3% down Compared to the same month in July 2021According to the National Institute of Statistics (INE), the . Retail trade sales fell 0.5% year-on-year in the calendar-free data. In any case, the data cannot be considered very good, given that tourism has recovered significantly from last year. It is conceivable that the moderation of retail sales and business activity in July could advance the evolution of consumption in general. Increase in CPI.
this employment in this business sector The Balearic Islands (8.1% more) and the Canary Islands (5.8%) are among the top job-creating communities, up 2.4% from July last year and on a steady rise for 15 months. In the first seven months of the year, retail sales increased by an average of 0.3% compared to the same period of 2021.
Analyzing by product type, service station sales rose 7.7% in July and fell 5.5% year-on-year overall without the latter. Decreases in food sales (3.3% less), household supplies (3.4%) and other goods (7.8%) were offset by an 8.9% increase in sales of personal equipment products (clothing, shoes or accessories). balanced. Increased activity in bars and restaurants may partly explain the decline in sales in food stores.
With distribution modes, single-region companies (single location) saw their sales fall by an average of 9.5% in July, while sales at large chains, department stores and small chains fell by 4%, 1.5% and 0.5%, respectively. The transfer of consumption to touristic regions explains these data to a large extent.
From January to July, sales in this commercial sector decreased in single-store companies (4% less) and large chains (2%), while increased in small chains (3.9%) and large stores (2.6%). %). By region, those with the highest tourist flows in mid-summer, such as the Balearic Islands and the Canary Islands, experienced a 4.8% increase in retail sales in the first case and 3.4% for the archipelago.
Sales increased by 0.6% in Extremadura, while other communities saw year-on-year declines in retail trade in July, leading Castilla-La Mancha (8.2% less), Asturias (7.7%), and La and Rioja (7.2%). Both the Community of Madrid, with an average sales decline of 0.8%, and Catalonia (2.1% less), were below the state average that summer.