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29 May Las ventas al por menor en Canarias aumentaron un 5,2% en abril de 2024 con respecto al mismo mes de 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The Canary Islands are in third position in the ranking of variations of this index (5,2%),
being surpassed only by Andalusia (5,7%) and Basque Country (5,4%). On the other side, the minors
variations occurred in the Balearic Islands (-1,3%), Castile and León (0,3%) and Extremadura (0,5%).
Taking into account the evolution of sales by groups in the Canary Islands, éstas subieron un 3,1% en
alimentación y un 9,2% en el resto.

Por su parte, employment in Canarian retail trade has increased by 2,0% in the last twelve
meses, while at the national level it has increased 1,8%. En este concepto, Canarias está posicionada
in third position among the group of autonomous communities and cities, surpassed by Madrid
(5,0%) and Andalusia (3,4%), while the lowest variation rates have occurred in Melilla
(-2,4%), Rioja (-1,3%) and Aragon (-0,8%).

Source:: Noticias Económicas de Canarias

      

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29 May The appraised value of housing continues to rise in the Canary Islands and is among the most expensive regions in Spain

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias This statistical operation offers data on new or used homes that request appraisal. They contribute
information for both free housing, in which the price is agreed between the seller and the
buyer, as protected, that is to say, those in which the administration regulates access.

In the first quarter of this year, The average appraised value of free housing was at 1.789
euros per square meter. This represents an increase in 7,1% en el último año. At the national level, la
average appraisal amounts to 1.866 euros, lo que supone un 4,3% más que en el mismo periodo de 2023.

The average values ​​are higher in the province of Las Palmas than in Santa Cruz de Tenerife.
In the first case, the square meter has a cost of 1.831 euros, while in the second
located in 1.747 euros. However, The increase in the last year has been lower in Las Palmas
(5,2%) that in Santa Cruz de Tenerife (9,1%).

Regarding protected housing, the average value has risen 3,9% in the last year and is located in
los 1.141 euros per square meter. The increase has been more intense in the archipelago than in the
rest of the country, where protected housing increased its value by a 0,3% en el último año.

Among the provinces with the highest price

Madrid remains the province with the highest values, with an average that exceeds 3.000
euros per square meter. That is to say, exceeds by one 67% the average value of Spain. Also in the Balearic Islands
the square meter exceeds on average 3.000 euros. Gipuzkoa is the third province with the value
highest average price, con 2.945 euros per square meter.

Las Palmas and Santa Cruz de Tenerife are among the 15 provinces with the appraised value of the home
higher.

On the opposite side are provinces like Jaén, Cuenca or Ciudad Real, with values ​​for
below the 800 euros per square meter.

Source:: Noticias Económicas de Canarias

      

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27 May Canarian companies recovered, en 2022, sales and busy staff prior to the pandemic, except in the commercial sector

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias This statistic includes several statistical operations that allow us to know the main
structural and economic characteristics of companies through a wide set of variables
related to employed personnel, turnover and other income, purchases and consumption, expenses of
personnel and investments. The three major economic sectors studied are industry, el
trade and market services, not including public services.

Services sector

The turnover of the market services sector increased by 16,5% respecto al año 2019,
while the employed personnel reached the 400 thousand employees, a 12,6% more than in the year before
the pandemic. for the year 2022, This sector represents for the whole of Spain the 4,1% of the total
of its turnover, and the 4,9% of the total number of employed people in the country. These figures confirm the greater
weight that the services sector has in the Canary Islands economy if we compare it with the total of this
sector in Spain as a whole.

Of the 28 subsectors established by the National Classification of Economic Activities (CNAE)
for whom we publish information, accommodation services stand out, with the 20,5% of the total
of the sector's sales figure, while catering occupies first place in terms of
employment, con 72.500 workers.

Sector industrial

The industrial sector slightly exceeds employment for the year 2019, con un crecimiento del 0,5% para
reach the 39.671 workers. Sales figures perform much better, growing
a 40,6% compared to the pre-pandemic year.

The variables of the industrial sector show two differentiated behaviors depending on the
analyzed subsector. Así, por un lado, The manufacturing industry continues to show signs of
stagnation in employment, since it maintains the same workers as in 2019. and with growth of
sales motivated by rising prices. However, another large industrial sector, el
energetic, gain weight, surpassing the turnover of the manufacturing industry, and grows a 73%
in sales and 14,7% in employment.

The behavior of the sector in the Canary Islands is similar to the national one, although it barely represents the 1,1% de
sales and 1,7% of employment on the islands.

Commerce sector

Unlike the two previous major sectors, The commercial sector in the Canary Islands has not
recovered employment levels 2019, fact that has not occurred in most of the
autonomous communities, except Andalusia and Castilla la Mancha.

The three divisions of this sector are: vehicle sales and repair (14 thousand jobs), trade
wholesale (38 thousand jobs) and retail trade (99 thousand jobs). En 2022, they employed 151.320
people, still far from 159.676 de 2019.

No obstante, turnover has grown by 17,2% about 2019, behavior inferior to
whole country (20,8%), and it is a growth generated, largely, due to the increase in
the prices of traded goods and services.

Source:: Noticias Económicas de Canarias

      

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23 May Imports in value in the Canary Islands until March 2024 recorded a drop in 7,4% about 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Por otra parte, y también provisionalmente, el total de exportaciones es de 859,618 millones de
euros and the rate of variation with respect to 2023 es del -4,9%. The trade deficit reaches
4.225,956 millones de euros y la tasa de cobertura, que se calcula como el cociente entre el total
de exportaciones y el de importaciones, take the value 16,9%.

Un 30,6% of imports made in March 2024 were machinery and equipment
transporte. Imports of food-related products also stand out. (22,0%)
and various manufactured articles (16,8%). El 77,7% of imports came from the rest
from Spain, mientras que el 14,7% were made from the rest of the EU-27_2020. El 93,4% they proceeded
from the whole of Europe.

En cuanto a las exportaciones, el 40,5% corresponded to oil and its derivatives, el 11,6% a
machinery and transport equipment and 9,0% to food-related products. El 24,0%
of exports were destined for the rest of Spain, el 36,5% the rest of the EU-27_2020,
el 62,5% Europe and other 8,1% Africa.

Source:: Noticias Económicas de Canarias

      

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21 May Sales of the market services sector in the Canary Islands increased by 4,7% compared to March of the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias In relation to the month of February, the monthly variation of the turnover of the Services Sector
Market is 1,3% in the Canary Islands, versus -2,9% registered in Spain, once they are removed
seasonal and calendar effects.

Source:: Noticias Económicas de Canarias

      

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17 May More than 60% of tourists who visited the Canary Islands during the first quarter of 2024 declare that they are willing to choose more sustainable options when booking the trip

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias El 89,4% of the visits were made for holidays, recreation and leisure. Tourists from
Ireland and the United Kingdom were the ones who chose this reason the most, con un 97,4% and 94%, respectivamente.
And the residents in the rest of the Spanish territory are the least, con un 70,8%.

For him 96,1% de los turistas, The main aspect when choosing the Canary Islands as a tourist destination is the
climate. The next aspects most considered by tourists are safety (86,6%), la
tranquillity (86,4%) and the sea (79,1%).

During this first quarter of the year, only one 15,6% of the tourists came accompanied by minors
de 13 years old. The tourists who traveled the most with minors were residents of Ireland (24,7%),
Swiss (20,7%) y Reino Unido (17,59%).

More than half of the tourists who visited the Canary Islands this quarter stayed in hotels
(53,7%). Other types of accommodation chosen were apartments and tourist villas
(15,5%), homes or rooms rented to an individual (11,7%), friends' homes or
family or other private accommodation (10,8%).

El 24% of the tourists who visited the Canary Islands did so with everything included. Residents in
France were the ones who led this type of travel with the 32%, followed by residents in
Reino Unido(29,6%) and in Germany (27,9%). En un acercamiento por islas, el 44,5% of the tourists who
They visited Fuerteventura they did it with everything included, seguida de Lanzarote con un 26,1%.

The average stay of tourists is 10,5 days. The longest average stay was made by residents
in the Nordic countries, con 15,2 days and were the residents in the rest of the national territory
those who had the shortest average stay, con 6,5 days.

El 75,6% of tourists have previously visited the Canary Islands. The average satisfaction rating
general of the trip to the Canary Islands is 8,77.

Source:: Noticias Económicas de Canarias

      

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