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Companies moderate the increase in their turnover to 23.7% in July

MADRID, 26 Sep.

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Companies moderate the increase in their turnover to 23.7% in July

MADRID, 26 Sep. (EUROPA PRESS) -

The turnover of companies increased by 23.7% in July compared to the same month of 2021, moderating the rise registered the previous month by 6.2 points, according to the Business Turnover Index (ICNE) published this Monday by the National Statistics Institute (INE).

With this rebound, the sales of companies have chained 17 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 26.9% in July, a rate 3.2 points lower than that of June.

In monthly values ​​and within the corrected series, business invoicing registered a drop of 0.3% in July after three consecutive months of increases.

Keywords:
INE