MAY 2022 43 Passenger car sales Private consumption The quantitative indicator of private consumption decelerated in March, after the acceleration registered in January and February, but remained at high rates. In April 2022, year-on-year: • Sales of passenger cars registered a decrease of 16.1%, after the 5.1% increase in the previous month; Average consumption of electricity on working days Also, in March 2022 (year-on-year): • The services turnover index (includes retail trade) showed a year-on-year rate of change of 24.8%, after having risen by 29.3% in February; • The Retail Trade Turnover Index (deflated) registered a year-on-year rate of change of 12.9%, which was also lower than the previous month (15.3% then); • The production index in construction grew by 2.7%, after increasing by 6.6% in the previous month; • The number of overnight stays in hotel establishments increased by 543.2% (523.5% in February), a figure 12.7% lower than that observed in March 2019. • Average working day electricity consumption was up 5.5%, compared with rates of 1.5% in February and 8.3% in March. 5.5 -20 -15 -10 -5 0 5 10 15 20 25 Apr-06 Apr-08 Apr-10 Apr-12 Apr-14 Apr-16 Apr-18 Apr-20 Apr-22 y-o-y rate/% - 16.1 -500 -400 -300 -200 -100 0 100 200 300 400 500 Apr-06 Apr-08 Apr-10 Apr-12 Apr-14 Apr-16 Apr-18 Apr-20 Apr-22 y-o-y rate/%
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