18 Oct Sales of the market services sector in the Canary Islands increase in August 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 July, the monthly variation of the turnover of the Services Sector
Market is -1,2% in the Canary Islands, versus -1% registered in Spain, once the
seasonal and calendar effects.

Por sectores, The annual variation of the turnover is 11,6% in hospitality and a 4,7% en
the trade.

The annual rate of turnover of the Market Services Sector varies with respect to August
2023 depending on the autonomous communities. Community of Madrid and Aragon (-1,2%) present the
further declines, while La Rioja (7,9%) and Principality of Asturias (7,4%) are the ones that
show the greatest growth.

Source:: Noticias Económicas de Canarias

18 Oct Yaiza and Pájara are the municipalities with the lowest rate of job seekers registered in the third quarter of 2024

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In the opposite case, The islands with the highest rate of registered claimants are La Palma (16,5%) and great
Canaria (16,2%). At the municipal level, Tazacorte (23,5%) It is the municipality that has the largest
tasa, followed by Garafía (22,6%), Moya (20,1%), The Pass (20) and Agaete (19,2%).

As seen in the following map, The lowest rates of registered claimants are found
on the two easternmost islands, and in the southern areas of Gran Canaria, Tenerife and even La
Gomera.

##IMG## [/istac/galerias/imagenes/various/C00069A/C00069A-2024Q3-rate-claimants-municipalities.png]
{Rate of registered claimants in the Canary Islands. 2024 Third quarter} Registered claimant rate
in the Canary Islands. 2024 Third quarter

If we consider the rates of registered claimants for men and women, women's rates
They are larger than those of men. The greatest inequalities in this unemployment rate occur in La
Palma, y Gran Canaria, both with more than 5 percentage points difference.

##IMG## [/istac/gallerias/imagenes/various/C00069A/C00069A-2024Q3-rates-registered-claimants.png]
{Annual variation rates of employed and registered job seekers.}

If we compare with a year ago, The number of registered employed people increased on all the islands. Por
Above the average growth in employment in the Canary Islands is El Hierro (5,6%), Lanzarote
(4,1%), Fuerteventura (3,7%) y Tenerife (3,4%), while they experienced lower growth in
employment La Gomera (1,2%) y La Palma (1,4%).

Por otra parte, The number of registered claimants fell in one year on all the islands except
de La Palma. We see the biggest drops in unemployment in one year in Lanzarote, El Hierro, Gran
Canary Islands and Tenerife, all of them with drops in unemployment greater than 7%.

##IMG## [/istac/galleries/images/miscellaneous/C00069A/C00069A-2024Q3-annual-variation-rates.png] {Rates
registered plaintiffs for men and women in the Canary Islands}

Source:: Noticias Económicas de Canarias

18 Oct The judicial bodies in the Canary Islands enter more judicial matters in the second quarter of 2024 than in the same period of the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In the civil jurisdiction, 60.416, were resolved 52.623 and they were in process 147.379,
a 24%, 24% and 19% more than in the second quarter of 2023.

In the criminal jurisdiction, were entered 52.580, were resolved 52.216 and those that remained in process
At the end of the period they were 46.370 (a 11%, 13% and 4% more respectively than in the same period of the
previous year).

In the contentious-administrative jurisdiction, 5.912, were resolved 3.688 and they remained
earrings 11.858 at the end of the period (a 155%, 62% and 56% more than in the second quarter of the year
2023).

Finally, in the social jurisdiction in the Canary Islands, 9.021 affairs, were resolved 9.078
and were in process at the end of the period 22.036, assuming an increase in 18%, 20%, and 0,2% (a
very similar data with respect to the same period of the previous year).

Source:: Noticias Económicas de Canarias

16 Oct Hotel and non-hotel occupancy rates expected for October, noviembre y diciembre son 83%, 80% and the 77% and 78%, 81% and 79% respectivamente

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 64,59% of the managers of hotel establishments in the Canary Islands consider that the progress of
your business during the fourth quarter of 2024 will be favorable while the 4,14% think it will be
unfavorable. Likewise, el 50,54% of managers of non-hotel establishments
considers that the progress of the business will be favorable while the 5,21% think it will be
unfavorable.

Regarding the trend of the main factors of the business climate for the fourth quarter
de 2024, in relation to the previous quarter, in general, managers of hotel establishments and
non-hotel owners consider that they will remain stable, siendo el 69% and the 81%, respectivamente, en el
employment, el 71% and the 77% in investment, el 42% and the 60% in the price level and the 42% and the 50% en
billing.

Regarding the trend in the occupancy rate for the fourth quarter, en relación a 2023, el
52,57% and the 55,60% of hotel and non-hotel establishment managers consider that
will keep stable.

Source:: Noticias Económicas de Canarias

16 Oct La confianza empresarial en Canarias registra en el cuarto trimestre de 2024 una subida del 2,4% with respect to the previous

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 25,8% of the managers of the Canarian establishments consider that the progress of their
business will be favorable in the fourth quarter of 2024, mientras que el 13,2% think it will be
unfavorable. The balance of expectations, calculated as the difference between the percentage of
favorable and unfavorable responses, se sitúa en 12,6 puntos, mejorando los 9,2 of the quarter
anterior.

Regarding the progress of its business in the third quarter of 2024, el 24,6% of the
management people have had a favorable opinion. Por otra parte, el 13,8% has given his opinion
unfavorable, lo que hace que el balance de situación, calculado análogamente al de expectativas,
tome el valor 10,8, mejorando los 4,5 puntos del trimestre anterior.

Por islas, business confidence regarding the third quarter of 2024 has increased a 4,7% en
Fuerteventura, a 4,2% in El Hierro, a 3,6% in Lanzarote, a 3,2% in Tenerife, a 1,8% in Great
Canaria and a 1,7% en La Gomera, while it has decreased 3,3% in La Palma. Regarding sectors
of activity, has gone up a 10,9% in transportation and hospitality, a 1,1% en otros servicios (sector
services except trade, transporte y hostelería), y un 0,6% in the industry and has dropped 4,4% en
construction and a 0,1% in the trade.

Source:: Noticias Económicas de Canarias

16 Oct The registration of Canarian companies registered with Social Security decreased slightly in the last year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias These data reflect a similar figure compared to the second quarter of 2024 and a descent
of the 0,3% compared to the same quarter last year.By sectors, the one that grew the most was
Construction with an increase in 0,3%. The industrial sector fell 1,7%, the services registered
a variation of -0,19%, and the primary fell 2,62 percentage points.8 of each 10 companies
registered in the Canary Islands are found on the islands of Tenerife and Gran Canaria. El Hierro, for his
parte, was the island that grew the most in the last year with an annual variation rate of 3,88%.

Source:: Noticias Económicas de Canarias