Retail grew by 0.2% in the month of September

Date:

It is slowing down compared to the rate recorded in the month of August and all modes of distribution have negative monthly rates except big chains

Retail sales rose 0.2% in September from the previous month, a tenth less than the increase in August, but it is the second consecutive month of positive price after falling in May, June and July. Sales rose 0.1% year-on-year compared to the month of September last year, both rates adjusted for seasonal and calendar effects, according to data released Monday by the National Institute of Statistics. The sales increase without adjusting for these calendar effects was 0.5% compared to the same month of 2021, three tenths less than the previous month, when they grew by 0.8%.

Food decreased 0.4% per product, while Rest increased 0.6%. When the latter is broken down by type of product, Other goods increased the most (1.4%).

All distribution methods show negative monthly rates, except for large chains (0.7%). Small chains showed the largest decrease (-1.3%).

Sales increased year-on-year in seven autonomous communities in September and declined in nine. Illes Balears (9.2%), Canarias (5.9%) and Castilla y León (1.7%) registered the largest increases. La Rioja (−4.0%), Castilla – La Mancha (−3.3%) and the region of Murcia (−2.1%) showed the largest declines for their part.

In terms of employment, the sector recorded an annual employment increase of 2.2% in September, five tenths less than in August. Occupancy rates in small chains increased by 0.7% year-on-year, while large chains saw an annual increase of 2.6% and 3.2% in large stores. The filling stations, for their part, increased the occupancy rate by 2.1% compared to a year earlier. In September, however, the occupancy rate fell by 1.3% compared to the previous month, with the monthly rate falling in all areas: in small chains by 2%, in large chains by 1.1% and in department stores by 3.2 %. .

By Autonomous Community, the highest annual employment growth was recorded in Illes Balears (7.2%), followed by Canarias (4.9%), Extremadura (4.1%), Andalusia (3.5%), Galicia (2.7%), Castilla-La Mancha (2.5%), La Rioja (2.5%) and Basque Country (2.3%). Below average were Catalonia and Madrid (1.6%), Navarra (1.4%), Valencian Community (1.1%), Murcia (1.0%), Cantabria (0.6%), Castilla y León (0.3%), Aragón (0.1%) and Asturias, where employment fell by 1%.

Source: La Verdad

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