Commercial activity contracted for the first time in 15 months



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According to the National Statistics Institute, in the ninth month of the year there was a fall of 0.4%, driven by a strong contraction of the automotive division.

The economic slowdown that showed the third quarter of the year, with a lower activity rhythm in September, had an impact on consumption. According to information provided by the National Statistical Institute (INE), the Commercial Activities Index (IAC) recorded its first contraction in the last 17 months in the ninth month of the year.

Thus, the indicator that measures the dynamism of the trade sector, at constant prices, contracted 0.4% year-on-year. With this, the sector accumulates an advance of 5.5% in the year.

The result was influenced by the decrease in the wholesale and retail trade and in the repair of motor vehicles and motorcycles (division 45), which fell by 6%, contributing with the highest incidence for the indicator. Specifically, the sale of motor vehicles was the one that most dragged the data of September, decreasing by 7.9% in twelve months"due to the decrease in sales of buses and trucks," said INE.

Meanwhile, sales of auto parts, parts and accessories increased by 2.2%.

On the other hand, the division that measures the dynamism of the wholesale sector increased by 1.1% "mainly due to the contributions of wholesale of machines, equipment and materials and wholesale of other household goods, that this increased by 11.2% and 3.1%, respectively.

In turn, the retail division increased 0.5%, due in large part to contributions from retail sales in non-specialized stores with a predominance of food, beverage or tobacco sales and retail clothing sales. of clothing, footwear and leather goods in specialized stores, which increased by 4.1% and 6.0%,

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