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The stock of merchandise in trade shoots up 5.6% in the first quarter, its highest rise in 4 years

MADRID, 8 Jun.

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The stock of merchandise in trade shoots up 5.6% in the first quarter, its highest rise in 4 years

MADRID, 8 Jun. (EUROPA PRESS) -

The level of stocks of merchandise in the commerce sector registered a year-on-year increase of 5.6% in the first quarter, its highest rise since the second quarter of 2018, according to the short-term survey on stocks and inventories (ECSE) published this Wednesday by the National Statistics Institute (INE).

With the rebound in the first quarter, this indicator has already chained three quarters of positive rates after having accumulated a negative year, coinciding with the worst quarters of the crisis caused by Covid.

All the sectors analyzed in this survey experienced positive annual rates between January and March with the exception of the sale and repair of motor vehicles, which reduced its stock by 18.3% compared to the first quarter of 2021.

In contrast, the largest year-on-year increase was noted in wholesale trade, with a rise of 14.4%, followed by retail trade, which increased its merchandise stock by 4.6% compared to the first quarter of last year.

Keywords:
INE