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Retail sales also grow in Andalusia

September 9, 2021
Retail sales also grow in Andalusia

The retail trade sales index grew at current prices in July by 6.2% year-on-year in Andalusia, more than one point above the previous month. This is the result of the ‘Weekly Economic Observatory of the Andalusian Regional Government’ presented by the Regional Ministry of Economic Transformation, Industry, Knowledge, and Universities to the Governing Council.

In cumulative terms, retail sales in the region increased at current prices by 8.1% year-on-year to July. Sales in large retail outlets also intensified their rate of growth in July in Andalusia, with a year-on-year rise of 2.2%, after the practical stagnation shown in the previous month and in line with that observed in Spain.

This rise is explained by the increase in sales of both non-food products (1.7%) and food products (4.3%). In cumulative terms, between January and July, this type of sales grew by 16.5% year-on-year, almost three points higher than the increase in Spain (13.8%).

On the other hand, the Junta’s Weekly Economic Observatory also shows that the number of international tourists received by Andalusia in July was 554,924 people, almost double that of the previous month (296,044 tourists), and 195,170 more than in July 2020, which represents an increase of 54.3% year-on-year. However, they account for less than half of the inflows recorded in July 2019 (1,256,656 tourists).

The Junta’s Weekly Observatory also highlights that the data for August reflect the recovery of the labour market in Andalusia, with the number of registered unemployed below 800,000 people, specifically at 796,394 people, its lowest level since December 2019, before the pandemic. This figure represents 32,102 fewer people than in the previous month, the largest fall in August in the historical series. The fall represents 38.9% of the overall reduction in Spain (-82,583 people).