Industry Turnover in Cantabria Grows by 13.8% in March, Outpacing National Average

SANTANDER, 19 (EUROPA PRESS)

The turnover of the industry grew by 13.8% in March in Cantabria compared to the same month in 2022, above the national average of 9.7%, according to data released today by the National Statistics Institute. (INE)

Thus, in the third month of the year, Cantabria was the eighth community where industry billing rose the most year-on-year. In fact, all communities except the Region of Murcia (-1.8%) registered an increase.

If the first three months of the year are taken into account, Cantabria registered an increase in billing in the sector of 6.4%, the third weakest of the autonomous communities, equaled with Murcia and far from the 10% experienced nationwide. .

In Spain, industry turnover rose 9.7% last March compared to the same month in 2022, mainly due to the boost in sales of non-durable consumer goods and capital goods. , which shot up 20% and 17%, respectively, according to data released this Friday by the National Statistics Institute (INE).

With the year-on-year increase in March, 1.3 points higher than that of February, industry billing now adds up to 25 consecutive months of rises after having previously chained a year of negative year-on-year rates due to the Covid crisis.

However, in monthly terms (March over February) and in seasonally and calendar adjusted data, the industry cut its sales by 2.8%, its biggest monthly decline since March 2022, when they plummeted 4.5%.