Companies slow down the growth of their sales to 9.9% in January, but add 23 months of increases

MADRID, 28 Mar. (EUROPA PRESS) -

The turnover of companies increased by 9.9% last January compared to the same month in 2022, moderating by four tenths the rise registered the previous month, when they increased by 10.3%, according to the Cifra Index of Business Business (ICNE) published this Tuesday by the National Institute of Statistics (INE).

With the rebound in January, coinciding with the period of sales in commerce, company sales chained 23 consecutive months of year-on-year increases after having spent a negative year due to the impact of Covid.

Corrected for seasonal and calendar effects, company turnover increased by 9.1% year-on-year last January, a rate 5.2 points lower than that of December.

In monthly values ​​and within the corrected series, business turnover registered a decline of 1.2% in January 2023, in contrast to the advance of 0.7% experienced in December 2022.