the company’s turnover rose by 34.1 percent in may compared with the same month in 2021, according to the business turnover index icne released this week by the national institute of statistics inee. the month’s growth has widened by nearly four points, underscoring a clear post-pandemic rebound in activity across sectors. According to inee data, the upturn marks the tenth straight month of year over year gains, signaling a resilient recovery after the covid-19 shock and reflecting improving demand, production, and services activity. the trend highlights a return to growth patterns after a difficult period and suggests steadier revenue streams for firms across the economy. This expansion is part of a broader pattern of stabilizing commercial performance that many analysts are watching closely for clues about upcoming quarterly results and investment decisions. we can observe a renewed momentum that aligns with broader economic indicators showing consumer demand strengthening and firms planning to scale operations again. (INE)
with this recovery, company sales achieved 15 consecutive monthly increases year after year, continuing a stretch of growth following a negative year dominated by the covid impact. the durability of this rise points to restored confidence among buyers and sustained business activity, even as firms remain vigilant about supply chains and input costs. the consistent gains across months indicate a stabilization that may translate into improved hiring and further capital expenditure in the near term, contributing to a more predictable revenue environment for many canadian and american firms. (INE)
all sectors posted positive annual rates in may, with energy and water supply leading the way at a staggering 111.8 percent, roughly doubling sales compared with a year earlier. mining and manufacturing followed with a solid 32.6 percent rise, non-financial market services increased by 30 percent, and trade climbed 26.6 percent. these figures reflect a broad-based recovery as energy, infrastructure, industrial output, and service-oriented activities rebound from earlier disruptions. the data suggest a diversified growth pattern across the economy, driven by multiple sectors renewing investment and employment momentum. (INE)
adjusted for seasonal and calendar effects, business turnover rose 31.7 percent in may, a figure that is four times lower than april’s surge, indicating a strong but moderating pace as the early-year spike recedes. the adjusted series helps analysts compare month-to-month performance and isolate genuine momentum from calendar quirks. this nuance is important for policymakers and investors interpreting monthly trends and planning operations accordingly. (INE)
the main gains in the seasonally adjusted series were seen in energy and water supply at 99.6 percent, followed by manufacturing with 29.8 percent growth. services rose 29.5 percent and trade increased 25 percent. these movements illustrate how demand for essential services and industrial activity converges to fuel overall turnover growth, while highlighting sectors that may warrant closer monitoring for price and supply dynamics. (INE)
in monthly values within the adjusted series, operating invoices grew by 1.1 percent in may, which is 4.2 percentage points below april’s pace. this moderation aligns with typical post-peak behavior after a strong spring period, suggesting a normalization phase where firms balance orders, production, and invoicing cycles. such a pattern is useful for forecasting near-term revenue trajectories and planning inventory management more effectively. (INE)
among the four sectors analyzed, only electricity and water supply, sanitation, and waste management recorded negative monthly rates, at minus 4.8 percent. in contrast, non-financial market services showed the largest monthly uptick at plus 3.1 percent. these sectoral contrasts emphasize the uneven pace within the economy and point to areas where investment and policy support could bolster continuity of activity. (INE)