The retail sales strung 19 months followed by falls 2012
Retail sales still in the doldrums. In January recorded a decline of 6% (eliminated the effects of inflation and calendar), so that chain and 19 months of decline. In fact, if removed from the historical series from June to March 2010, when the overall index rose timidly, the fall might have continued for 67 months, more than five years, coinciding with the onset of the crisis. No activity or autonomous region that is free from consumption shocks. In terms of sectors, linked to home furnishings (furniture and appliances) is he who has suffered a major setback, with a contraction of 9.3%, followed by personal gear (clothing and footwear). For communities, the mean decrease reached 4.8% and was particularly marked in Castilla-La Mancha (-9.6%) and Murcia (-7.5%).
Conscious of the deterioration of trade-related businesses, the Executive terminates the implementation of a financing of the ICO which will both fund investments and working capital needs. In this instrument, whose endowment is still unknown, players will play an autonomous communities through mutual guarantee societies (SGR). If we repeat the model used in other lines of the ICO, the MGS will be responsible for projects and avalarlos study, so that the state agency will have to deal only provide the funding and monitoring the viability of requests. Faced with falling sales registered by labor costs continue to rise. Between October and December 2011 rose 2.2% (2.8% corrected for calendar effects), representing the third consecutive quarterly growth, after the collapse recorded in the first quarter of 2011. That gap between sales and costs is what has caused massive job losses in retail, with 42 consecutive months (three years) cutting jobs.
What's more, industrial production in Spain has started to fall hard, parallel to the recession in the European Union. Chained index in January that five consecutive months of falls, especially for the decline in orders from large trading partners of Spain, like Germany, France, Portugal and Italy.
Conscious of the deterioration of trade-related businesses, the Executive terminates the implementation of a financing of the ICO which will both fund investments and working capital needs. In this instrument, whose endowment is still unknown, players will play an autonomous communities through mutual guarantee societies (SGR). If we repeat the model used in other lines of the ICO, the MGS will be responsible for projects and avalarlos study, so that the state agency will have to deal only provide the funding and monitoring the viability of requests. Faced with falling sales registered by labor costs continue to rise. Between October and December 2011 rose 2.2% (2.8% corrected for calendar effects), representing the third consecutive quarterly growth, after the collapse recorded in the first quarter of 2011. That gap between sales and costs is what has caused massive job losses in retail, with 42 consecutive months (three years) cutting jobs.
What's more, industrial production in Spain has started to fall hard, parallel to the recession in the European Union. Chained index in January that five consecutive months of falls, especially for the decline in orders from large trading partners of Spain, like Germany, France, Portugal and Italy.
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