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MYR ASESORES | Blog
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21 Apr Sales of the market services sector in the Canary Islands increase in February compared to the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias This operation measures the short-term evolution of the activity of companies in the service sector..
For this, both the turnover and the employed personnel are taken into account..

The data is published corrected for seasonal and calendar effects according to the established basis
en 2021. The main objective of this adjustment is to make the information clearer and easier to understand.
interpret, since the time of year is not taken into account, business days, the length of the
month or other aspects that may interfere with the data.

In relation to the month of January, the monthly variation rate of the Sector's turnover
Market Services is -0,8% in the Canary Islands, versus 0,1% registered in Spain, Once I know
eliminate seasonal and calendar effects.

Por sectores, The annual variation rate of the turnover is 7,2% in hospitality and a
6,7% in trade.

The annual rate of turnover of the Market Services Sector increases compared to
febrero de 2024 in all autonomous communities. Castilla – The Mancha (1,7%) y Cantabria (1,7%)
show the smallest increases, mientras que Canarias (5%) and Basque Country (4,8%) are the ones that
show the greatest growth.

Source:: Noticias Económicas de Canarias

      

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16 Apr The number of companies in the Canary Islands registered with Social Security remains at the same level as in March 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In terms of annual variation, The construction sector grew 1,1%, el sector servicios lo
hizo un 0,1%, while the primary sector and industry register falls in 2,9% and 1,5%
respectivamente.

Source:: Noticias Económicas de Canarias

      

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14 Apr La confianza empresarial en Canarias registra en el segundo trimestre de 2025 a decrease of 0,2% with respect to the previous

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 25,0% of the managers of the Canarian establishments consider that the progress of their
negocio será favorable en el segundo trimestre de 2025, mientras que el 12,1% think it will be
unfavorable. The balance of expectations, calculated as the difference between the percentage of
favorable and unfavorable responses, se sitúa en 12,9 puntos, mejorando los 7,8 of the quarter
anterior.

En lo que respecta a la marcha de su negocio en el primer trimestre de 2025, el 26,6% of the
management people have had a favorable opinion. Por otra parte, el 12,8% has given his opinion
unfavorable, lo que hace que el balance de situación, calculado análogamente al de expectativas,
tome el valor 13,8, empeorando los 20,0 puntos del trimestre anterior.

Por islas, la confianza empresarial respecto al primer trimestre de 2025 has increased a 8,8% in it
Hierro, a 4,3% in La Palma, a 1,5% in Fuerteventura and a 0,3% in Lanzarote, while it has
disminuido un 3,0% en La Gomera, a 2,8% in Tenerife and a 0,8% in Gran Canaria. Regarding sectors
of activity, has gone up a 4,3% en la construcción y un 3,5% in the industry and has dropped 3,5% en
otros servicios (services sector except trade, transporte y hostelería), a 1,6% en transporte y
hostelería y un 1,0% in trade.

Source:: Noticias Económicas de Canarias

      

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11 Apr The number of work accidents in the Canary Islands decreases in February

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Regarding minor accidents (4.269 hasta febrero), there was a decrease in 7,9%. The accidents
serious or very serious, Until February of this year, 24 for the 28 what was in 2024. En
los dos primeros meses de este año ha habido 4 fatal accidents; in the same period of 2024 was
2 deceased due to work accident.

Por provincias, the number of work accidents decreased in Santa Cruz de Tenerife by 10% y un
6,1% in Las Palmas, con respecto al acumulado en febrero de 2024.

In relation to the number of affiliated workers, hasta febrero de 2025 was 201,52 accidents
labor for each 100.000. This data is the Incidence Rate and is lower than in the same
period of 2024, when was 227,26 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 422,36 accidents for each
100.000 workers, followed by agriculture (329,92). In the first case, They registered 509
work accidents with sick leave between January and February 2025. In agriculture there was 130 in this
period. in the industry, the index was 314,05 (257 accidentes). The service sector is the one that
records a greater number of accidents (2.776) but it also has a larger number of workers,
so the index is the lowest of all sectors (175,65 accidents for each 100.000
workers).

Source:: Noticias Económicas de Canarias

      

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11 Apr Inflation decreases in March in the Canary Islands

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias At the national level the rate takes the value 2,3%, which is seven tenths more than in the archipelago.

Café, cocoa and infusions (10,3%), heating, lighting and water distribution (9,6%) and the meat of
bovine (9,4%) They are among the most inflationary goods and services. Por otra parte, se
have produced decreases in 27,8% in oils and fats, of the 7,2% in accessories and repairs
clothing and 5,4% in men's clothing.

The monthly variation rate for March took the value in the Canary Islands 0,0%, placing the variation in
what's going on this year 0,4%.

Por otra parte, the annual rate of the general index without unprocessed foods or products
energetic (core inflation) take the value 1,6%. This means the repetition of the month's data
past and a downward trend since November 2024 (2,4%). At the state level this rate reaches
el 2,0%, four tenths above the value registered in the Canary Islands.

Source:: Noticias Económicas de Canarias

      

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21 Feb The number of overnight stays in January with respect to the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The increase in overnight stays recorded by foreign tourists was 1,24 por ciento.
This is the most relevant sector since 9 decade 10 hotel overnight stays are carried out by
extranjeros. Por otra parte, those registered by tourists residing in Spain have decreased by
4,40%.

The number of travelers entering hotel and non-hotel establishments in the Canary Islands in the
January was 1,12 millions of tourists, a 2,23% más que en el mismo periodo de 2024.

The occupancy rate for rooms and apartments was at 87,47 por ciento. The island of
Gran Canaria was the one that registered the highest occupancy rate.

During last January, los hoteles y apartamentos de Canarias ingresaron un 11%más que en
the same period of 2024. The turnover reached 555 millones de euros.

The average rate per occupied room was 129,85 euros. In the case of income from
habitación disponible, regardless of whether he had taken care of it or not, the average reached
113,58 euros during January 2025.

During the month of January, the number of jobs related to tourist accommodation was
70.983 people in the 1.312 registered establishments. Por cada 100 travelers who stayed
in the Canary Islands, was 6,33 employed people.

Source:: Noticias Económicas de Canarias

      

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