The turnover of companies moderates its growth to 23.2% in March and adds 13 months of increases

MADRID, 26 May. (EUROPA PRESS) –

The turnover of companies increased by 23.2% in March compared to the same month of 2021, moderating the rise registered in the previous month by almost six points, according to the Business Turnover Index (ICNE) published this Thursday by the National Statistics Institute (INE).

With this rebound, the sales of companies have chained 13 consecutive months of year-on-year increases after having spent a negative year due to the impact of Covid.

Adjusted for seasonal and calendar effects, company turnover increased by 22.1% in March, a rate 6.3 points lower than that of February.

In monthly values ??and within the corrected series, business turnover in March registered its first monthly decrease since April 2021, falling by 0.9%, in contrast to the monthly increases, greater than 2%, experienced in January and February this year.