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MYR ASESORES | Blog
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17 Sep The number of companies in the Canary Islands registered in Social Security increases a 0,3% Regarding August 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In terms of annual variation, the sector that grew the most compared to the month of August 2024 fue
the Construction, con un 2%, followed by the service sector with a 0,2%. As for the rest of the
sectors, the industrial sector registers falls (-0,7%) and the primary sector (-1,05%).

Source:: Noticias Económicas de Canarias

      

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16 Sep The labor cost increased a 3,4% In the Canary Islands in the second quarter of 2025

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias By economic sectors, labor costs were €2,956.53 in the industry, of €2,787.56 in the
construction and €2,642.82 in the services sector. in the industry, labor cost increased by
year one 5%, mientras que, in the other sectors, The annual increase in cost was 7,1% en
construction and 3,1% in services.

Source:: Noticias Económicas de Canarias

      

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12 Sep Inflation remains in August in the Canary Islands

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias At the national level the rate takes the value 2,7%, which is five tenths more than in the archipelago.

Café, cocoa and infusions (14,8%), beef (13,3%) and the eggs (12,7%) they meet
dentro de los bienes y servicios más inflacionistas. Por otra parte, se han producido descensos del
34,2% in oils and fats, of the 4,8% in textiles and accessories for the home and 3,6% in objects
recreational.

The monthly variation rate for August in the Canary Islands took the value 0,2%, placing the variation in
what's going on this year 1,7%.

Por otra parte, the annual rate of the general index without unprocessed foods or products
energetic (core inflation) take the value 2,0%. This represents the third consecutive increase
since the month of may (1,6%). At the state level this rate reaches 2,4%, four tenths above
of the value registered in the Canary Islands.

Source:: Noticias Económicas de Canarias

      

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12 Sep In July the number of serious or very serious workplace accidents increased but the accident rate fell

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The global data indicates that in the first seven months of the year a total of
15.819 work accidents with sick leave. This supposes a 3,4 percent less than in the same period
de 2024.

Regarding minor accidents (15.676 hasta julio), there was a decrease in 3,7%. In the seven
first months of this year there have been 19 fatal accidents; in the same period of 2024 was 11
deceased due to work accident.

Por provincias, the number of work accidents decreased in Santa Cruz de Tenerife by 5,2% y un
1,7% in Las Palmas, with respect to the accumulated in July 2024.

In relation to the number of affiliated workers, hasta julio de 2025 was 214,83 accidents
labor for each 100.000. This data is the Incidence Rate and is lower than in the same
period of 2024, when was 222,47 accidents for each 100.000 affiliates. To calculate this
index, The workers who contribute and who have recognized contingencies are taken into account.
professionals.

The construction sector is the one that registers the highest incidence, con 475,07 accidents for each
100.000 workers, followed by agriculture (367,95). In the first case, They registered 2.040
work accidents with sick leave between January and July 2025. In agriculture there was 503 en este periodo.
in the industry, the index was 321,02 (930 accidentes). The services sector is the one that registers a
highest number of accidents (10.293) but it also has a larger number of workers, hence
the index is the lowest of all sectors (185,30 accidents for each 100.000 workers).

Source:: Noticias Económicas de Canarias

      

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11 Sep The number of holiday homes available in the Canary Islands increases in July 2025 over the same month of 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Most of this type of housing is on the island of Tenerife., that has the 41 por
hundred. In Gran Canaria are located the 21 percent of these homes. In Lanzarote and
Fuerteventura is the 17% and the 14%, respectivamente, of this real estate park

In total there are 193.813 accommodation places available in holiday homes. This supposes a 0.2
percent less compared to July 2024.

During the month of July, 44.344 homes received some reservation, lo que supone un 95.09 por
percent of the total homes available on the digital platforms analyzed.

Accommodation offer

The objective of this experimental statistical operation is to offer monthly indicators of the
ability, the occupancy and profitability of the vacation home that is available in the
platforms analyzed in the reference month, among other data of interest to the sector.

As this is data similar to that obtained with traditional accommodation surveys
hotel and non-hotel, allows comparison between both typologies. For this study, se
publish data on holiday homes that provide accommodation services in the Canary Islands and that
are offered on digital intermediation platforms.

Source:: Noticias Económicas de Canarias

      

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02 Sep Registered unemployment drops in August 2025

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Registered unemployment fell in men and women. By age groups, the largest percentage decrease
occurred in the age group of 40 a 44 years old, with a rate of -1,6%, and the greatest increase is
occurred in minors 25 years old, with a rate of 1,6%.

All economic sectors improved with respect to registered unemployment, except industry, where the
unemployment rose a 0,1%. The group of people without previous employment decreased by 1,5%. In hospitality the
unemployment went down a 1,2% compared to July, and in education it increased 1,4%. Por islas, the registered unemployment
went down in all of them, except in El Hierro, where unemployment increased 5,9%.

Source:: Noticias Económicas de Canarias

      

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