May 11, 2021

Trade sales rise 0.8% and chain five years up

Trade sales rise 0.8% and chain five years up


MADRIDUpdated:

The retail trade closed 2018 with an increase in sales of 0.8%, with which the sector recorded its fifth consecutive year upward although it recorded the second smallest advance since it began its recovery in 2014 after the crisis, according to data from the National Institute of Statistics (INE). After go down between 2008 and 2013 continuously, the turnover of retail trade increased 0.9% in 2014, 4.2% in 2015, 3.9% in 2016 and 0.7% in 2017.

Corrected the effects of the calendar (difference of working days), sales increased last year by 0.7%. As for the employor, the sector finished the year with an increase of 1%, which also added five years generating jobs.

Only in December, month marked by the Christmas campaign and the start of sales in many stores, sales remained stable in the original series and rose 0.8% in seasonally adjusted terms. Employment grew 1% compared to the same month of 2017 (56 months up).

Back to the whole of the year, the turnover in the service stations fell 0.1%, while in the rest of the retail trade increased 0.8%.

By product type, food sales rose 0.7%, those of household equipment 4.5% and those of other products 0.2%. The personal equipment (fashion and accessories, fundamentally) decreased by 0.7%.

By commercial formats, the only one that lost business was the small trade, with a drop in sales of 0.7%, while in small chains they increased by 1%, in large chains by 2.4% and in large stores by 0.4% -with a 1.2% decrease in food and an increase of 1.3%. in the rest of products-.

In December, food billings fell by 0.3 and other goods by 1.6%, while those of personal equipment (0.3%), household equipment (2.5%) and gas stations ( 2.9%). That month, sales declined in all commercial formats except in large chains (+ 0.6%). In the unilocalized stores they fell 0.5%, in the small chains the 1% and in the big surfaces the 0.8%.

Traditionally, the month of December was one of the most powerful months for trade for the Christmas campaign, whose start has now been displaced to November with the emergence of the discount campaign for Black Friday.

By autonomy, sales rose in all except Castilla y León and Cataluña, where negative rates of 0.3 and 0.2% were registered, respectively. The greatest advances were in Aragón (2.3%) and Navarra and La Rioja (both with 1.8%).

Only in December, the business advanced in eight communities, with Balares (1.4%) and Andalucía (1.3%) leading the way, while the greatest decreases were registered in Galicia (1.9%) and Aragón (1 , 8%).

As regards employment, it increased 2.1% in the year as a whole at service stations; in large chains, 2.8%; in large areas, 0.4%; in small commerce, 0.3% and in small chains, 0.5%.

In the last month of the year, occupation increased in all formats, with rebounds of 2.4% in gas stations, 0.4% in single-store stores, 1.1% in small chains, 1% in large chains and 2.5% in large stores.

Employment grew in all autonomous regions in 2018, except in Castila-La Mancha, where it fell by 0.3%. The largest increases in hiring corresponded to Asturias (2.7%) and Comunidad Valenciana (1.9%) and Canarias (1.9%).

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