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Business…
at a glance
June 2023
-16
-12
-8
-4
0
4
8
12
16
20
24
28
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
monthly
y-o-y
€/worker/month
Labour cost per worker in Spain (INE)
Q1 23
+6.2%
y-o-y
Labour cost*
2,897.87
€/worker/month
Total labour cost worker/month; % y-o-y change
+6.0%
y-o-y
Wage cost
2,126.63
€/worker/month
* Original series
Labour cost by region
By sector and company size
n. workers
Wage cost worker/month; % y-o-y change
n. workers
Turnover from market services in Spain (INE)
% y-o-y change; original series
By regions
Apr. 23
monthly
-9.4%
y-o-y
+0.8%
Original series
% change
Industrial turnover in Spain (INE)
Apr. 23
monthly
-0.4%
y-o-y
-5.1%
Index (2015=100)
Seasonally and
calendar adjusted
data
National average
+0.8%
146.2
138.7
125
130
135
140
145
150
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
-5.1%
% y-o-y change
By type of product
Jan.22-Mar.23 Apr.23
Business… at a glance. a publication of the “Círculo de Empresarios” produced by its Department of Economy. contains information and opinion from reliable sources. However. the “Círculo de
Empresarios” does not guarantee its accuracy and does not take responsibility for any errors or omissions. This document is merely informative. As a result. the “Círculo de Empresarios” is not responsible
for any uses that may be made of the publication. The opinions and estimates of the Department can be modified without prior warning.
Industrial sector in Japan (M. Economy Japan and Markit)
Apr. 23
y-o-y
+0.2%
Hourly labour costs in the Eurozone (Eurostat)
Q1 23 % y-o-y change
y-o-y
+5.0%
Salary
y-o-y
+4.6%
Non-salary
y-o-y
+6.2%
% y-o-y change
Industrial producer prices in Germany (Destatis)
Moderation
May. 23
y-o-y
+1.0%
% y-o-y change
% change
By type of product
monthly
-1.4%
General
y-o-y
+3.2%
Exc. energy
Production
index % change.
May. 23
Manufacturing
PMI
Industrial production index Manufacturing PMI
points
50.6
> 50 = activity expansion; < 50 = activity contraction
50.6
47
48
49
50
51
52
53
54
55
56
Jan-22
Mar-22
May-22
Jul-22
Sep-22
Nov-22
Jan-23
Mar-23
May-23
-1
0
1
2
3
4
5
6
Q1
19
Q2
19
Q3
19
Q4
19
Q1
20
Q2
20
Q3
20
Q4
20
Q1
21
Q2
21
Q3
21
Q4
21
Q1
22
Q2
22
Q3
22
Q4
22
Q1
23
Labour costs
Wages and salaries
1.0
3.2
0
5
10
15
20
25
30
35
40
45
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
May-22
Jul-22
Sep-22
Nov-22
Jan-23
Mar-23
May-23
Total
Exc. Energy
0,7
0,2
-5
-3
-1
1
3
5
7
9
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
monthly
y-o-y

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Business at a glance... June 2023

  • 1. Business… at a glance June 2023 -16 -12 -8 -4 0 4 8 12 16 20 24 28 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 monthly y-o-y €/worker/month Labour cost per worker in Spain (INE) Q1 23 +6.2% y-o-y Labour cost* 2,897.87 €/worker/month Total labour cost worker/month; % y-o-y change +6.0% y-o-y Wage cost 2,126.63 €/worker/month * Original series Labour cost by region By sector and company size n. workers Wage cost worker/month; % y-o-y change n. workers Turnover from market services in Spain (INE) % y-o-y change; original series By regions Apr. 23 monthly -9.4% y-o-y +0.8% Original series % change Industrial turnover in Spain (INE) Apr. 23 monthly -0.4% y-o-y -5.1% Index (2015=100) Seasonally and calendar adjusted data National average +0.8% 146.2 138.7 125 130 135 140 145 150 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 -5.1% % y-o-y change By type of product Jan.22-Mar.23 Apr.23
  • 2. Business… at a glance. a publication of the “Círculo de Empresarios” produced by its Department of Economy. contains information and opinion from reliable sources. However. the “Círculo de Empresarios” does not guarantee its accuracy and does not take responsibility for any errors or omissions. This document is merely informative. As a result. the “Círculo de Empresarios” is not responsible for any uses that may be made of the publication. The opinions and estimates of the Department can be modified without prior warning. Industrial sector in Japan (M. Economy Japan and Markit) Apr. 23 y-o-y +0.2% Hourly labour costs in the Eurozone (Eurostat) Q1 23 % y-o-y change y-o-y +5.0% Salary y-o-y +4.6% Non-salary y-o-y +6.2% % y-o-y change Industrial producer prices in Germany (Destatis) Moderation May. 23 y-o-y +1.0% % y-o-y change % change By type of product monthly -1.4% General y-o-y +3.2% Exc. energy Production index % change. May. 23 Manufacturing PMI Industrial production index Manufacturing PMI points 50.6 > 50 = activity expansion; < 50 = activity contraction 50.6 47 48 49 50 51 52 53 54 55 56 Jan-22 Mar-22 May-22 Jul-22 Sep-22 Nov-22 Jan-23 Mar-23 May-23 -1 0 1 2 3 4 5 6 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Labour costs Wages and salaries 1.0 3.2 0 5 10 15 20 25 30 35 40 45 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 May-22 Jul-22 Sep-22 Nov-22 Jan-23 Mar-23 May-23 Total Exc. Energy 0,7 0,2 -5 -3 -1 1 3 5 7 9 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 monthly y-o-y