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Business…
at a glance
September 2022
Labour Cost Survey (INE)
Q2 22
+3.8%
y-o-y
Labour cost
€ 2,871.64
+4.3%
y-o-y
Wage cost
€ 2,153.88
Cost per employee; % y-o-y change
3.8
4.4
-10
-5
0
5
10
15
Q2
20
Q3
20
Q4
20
Q1
21
Q2
21
Q3
21
Q4
21
Q1
22
Q2
22
Total labour cost
Wage cost
% y-o-y change
By branch of activity - Top 10 largest increases
Production in construction Spain (Eurostat)
Jul. 22
+6.7%
monthly
-5.2%
y-o-y
Index 2015=100, monthly
Foreign Trade of Goods (M. Industry, Trade and Tourism)
Jan.-Jul. 22
+24.2%
y-o-y
Exports
€ 223 bn
+40.2%
y-o-y
Imports
€ 261.5 bn X 2.5
Energy
80.6
% of the total
r/ Jan.-Jul. 21
145
165
185
205
225
245
265
2018 2019 2020 2021 2022
Exports Imports
Trade deficit
€ -38,5 bn
bn€
75
80
85
90
95
100
105
110
115
Jan-20
Apr-20
Jul-20
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Apr-22
Jul-22
Eurozone Spain % change
By type of construction
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.
% job vacancies over total number of vacancies.
Sorted by highest number of vacancies
By sectors
Record
increases
Job vacancy rate in the EU (Eurostat)
EU
2.1% in Q4 19
3%
Spain
0.9%
Q2 22
0.7% in Q4 21
* France: data not strictly comparable. Only business with 10 employees or more are surveyed and public administration, education and human health are not covered
of total jobs
of total jobs
EU-27
Germany
Spain
Global Digital Quality of Life Index* (Surfshark & UIT)
2022
* 117 countries and 5 pillars: internet quality and price, e-security and e-infrastructure and e-government services. Max. score = 1.
Top 10
Rank change
r/2021
0.76
0.73
0.71
0.71
0.69
0.68
0.68
0.67
0.67
0.67
Israel
Denmark
Germany
France
Sweden
Netherlands
Finland
Japan
UK
South Korea
1
2
3
4
5
6
7
8
9
10
▲3
▼1
▲6
▲3
▲8
▲5
▼4
▲4
▲1
▼8
Spain
16th
0.65 points
23rd Internet accessibility ▲27
27th Internet quality
21st E-infrastructure
4th E-security
19th E-government
▲2
▼6
▲2
▼4
=
Position in the 5 pillars
Rank change
r/2021
Producer prices of industrial products (Destatis)
Aug. 22
monthly
+7.9%
y-o-y
+45.8%
% change
7.9
45.8
-5
0
5
10
15
20
25
30
35
40
45
50
Jan-20
Mar-20
May-20
Jul-20
Sep-20
Nov-20
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
May-22
Jul-22
Monthly
y-o-y
% y-o-y change
By type of product
% of total job vacancies
EU → 3%
Eurozone → 3.2%

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Business at a glance September 2022

  • 1. Business… at a glance September 2022 Labour Cost Survey (INE) Q2 22 +3.8% y-o-y Labour cost € 2,871.64 +4.3% y-o-y Wage cost € 2,153.88 Cost per employee; % y-o-y change 3.8 4.4 -10 -5 0 5 10 15 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Total labour cost Wage cost % y-o-y change By branch of activity - Top 10 largest increases Production in construction Spain (Eurostat) Jul. 22 +6.7% monthly -5.2% y-o-y Index 2015=100, monthly Foreign Trade of Goods (M. Industry, Trade and Tourism) Jan.-Jul. 22 +24.2% y-o-y Exports € 223 bn +40.2% y-o-y Imports € 261.5 bn X 2.5 Energy 80.6 % of the total r/ Jan.-Jul. 21 145 165 185 205 225 245 265 2018 2019 2020 2021 2022 Exports Imports Trade deficit € -38,5 bn bn€ 75 80 85 90 95 100 105 110 115 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Eurozone Spain % change By type of construction
  • 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. % job vacancies over total number of vacancies. Sorted by highest number of vacancies By sectors Record increases Job vacancy rate in the EU (Eurostat) EU 2.1% in Q4 19 3% Spain 0.9% Q2 22 0.7% in Q4 21 * France: data not strictly comparable. Only business with 10 employees or more are surveyed and public administration, education and human health are not covered of total jobs of total jobs EU-27 Germany Spain Global Digital Quality of Life Index* (Surfshark & UIT) 2022 * 117 countries and 5 pillars: internet quality and price, e-security and e-infrastructure and e-government services. Max. score = 1. Top 10 Rank change r/2021 0.76 0.73 0.71 0.71 0.69 0.68 0.68 0.67 0.67 0.67 Israel Denmark Germany France Sweden Netherlands Finland Japan UK South Korea 1 2 3 4 5 6 7 8 9 10 ▲3 ▼1 ▲6 ▲3 ▲8 ▲5 ▼4 ▲4 ▲1 ▼8 Spain 16th 0.65 points 23rd Internet accessibility ▲27 27th Internet quality 21st E-infrastructure 4th E-security 19th E-government ▲2 ▼6 ▲2 ▼4 = Position in the 5 pillars Rank change r/2021 Producer prices of industrial products (Destatis) Aug. 22 monthly +7.9% y-o-y +45.8% % change 7.9 45.8 -5 0 5 10 15 20 25 30 35 40 45 50 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Mar-21 May-21 Jul-21 Sep-21 Nov-21 Jan-22 Mar-22 May-22 Jul-22 Monthly y-o-y % y-o-y change By type of product % of total job vacancies EU → 3% Eurozone → 3.2%