When compared with the previous quarter, the highest increases in the first quarter of 2024 were in education, health and social activities (+5.2%), transportation and construction (+4.1%) and accommodation and food services (+3.7%). While the overall number of bankruptcy declarations slightly decreased, there were different trends across the sectors of the economy, reports Eurostat.
Looking specifically at bankruptcies by activity, when compared with the previous quarter, in the first quarter of 2024 bankruptcies decreased in 2 sectors: trade (-3.3%) and construction (-1.2%). The highest increases were observed in the transportation and storage sector (+15.2%), and industry (+9.1%).
Source: EUbusiness
The post Q1 2024: bankruptcies in EU down, registrations up appeared first on Vastuullisuusuutiset.fi.