Business… at a glance September 2021

Manufacturing sector PMI Non-financial private sector financing Vehicle production In June vehicle production decreased 18.1% year-on-year and 33.8% compared to June 2019 This can be explained by a lack of microchips since the end of 2020 and the slow level of recovery in Europe (with a fall in exports of 14.9% year-on-year) Sales remain far … Continued

Business… at a glance July 2021

Harmonized Business Confidence Index Company creation and dissolution Insolvency proceedings in Spain In June, insolvencies increased 34% compared to the same month in 2020 when decreed moratoria drastically reduced the filing of insolvency proceedings. Commercial air transport in the EU Wholesale trade sales in the US In May 2021, wholesale trade sales reached $576.45 billion. … Continued

Business… at a glance June 2021

Spain’s manufacturing and service sector PMI In May, manufacturing activity registered its highest level of the past 23 years, and service sector activity was the highest since August 2015. Tax revenue from large enterprises and SMEs In April 2021 tax revenue from large enterprises increased 23.7% year on year and that of SMEs by 1.3%. … Continued

Business… at a glance May 2021

The tourism sector (INE) In the first quarter of 2021, 1.208.761 international tourists arrived in Spain, 13 million fewer than two years ago when the pandemic still hadn t brought the sector to a standstill. Industrial Production Index (IPI) (INE) By autonomous community, the advances in Navarre (31.2%) and Cantabria (26%) are in contrast with … Continued

Business… at a glance April 2021

Industrial Production Index (IPI) (INE) By autonomous community, the increases in Cantabria (12,0%) Galicia (4,8%) and Extremadura (4,1%) are in sharp contrast with the decreases in the Balearic Islands (14,0%) and Canary Islands (12,3%) Sales by Large Companies (Tax Agency) In Jan Feb 2021 sales by large companies (with last year s business operations at €6.01 … Continued

Business-at-a-glance-March-2021-Circulo-de-Empresarios-300

Business… at a glance March 2021

Labor costs, Spain In Q4 2020, labor costs per worker and month fell -0.1% year-on-year to €2,752.26, a slight decrease against the 8.3% of Q2 2020. By components, salary costs fell 0.7% year-on-year to €2,061.30. “Other costs” grew 1.7%, as a result of the increases in Social Security contributions (1.4% year-on-year to €634.57) and non-wage … Continued



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