The latest quarterly “SME Image” survey, Carried out by the Regional Council of the Order of Chartered Accountants and the SAGIS Institute with a sample of 4,300 TPE and SMEs on the island, revealed a downward trend in the turnover of the latter in the first quarter of 2024, Compared to the first quarter of 2023.
A drop of 0,8 % had already been measured in the last quarter of 2023. "These are certainly the second quarter of consecutive decline, But with a result that comes back overall to balance, in particular thanks to trade ", comment on the Croec and sagis. Small businesses in the trade sector have thus recorded an overall increase of 1,2 % of their turnover at the start of the year, after a drop of 2,2 % fin 2023. "Faced with the persistence of inflation, Households must operate consumption arbitrations at the expense of clothing, This position being the first reduced in times of crisis ”, , however, underlines image SME. Decreases in turnover are found in other sectors, Starting with that of real estate activities (-7,2 %), but also those of transport and storage (-4,1 %) or accommodation-restaurant (-0,5 %).
