Sector Services Rendered to Companies grew 1.56% in May of 2023

In May of the current year, the sector Services Rendered to Companies increased by 1.56%, compared to the same month of the last year, explained by the progress of the professional, scientific and technical and advertising and market research activities. While, the dynamism in travel agencies and tour operators and the activities of administrative services and support to companies decreased.

The National Institute of Statistics and Informatics (INEI) also informed that this sector during the period January – May of this year, increased by 1.34%.

Professional, scientific and technical activities increased by 3.03% determined by the growth of the architecture and engineering activities, due to the development of civil engineering projects, development of architectural designs, consulting engineering, technical advice and work supervision.

Likewise, it showed improvements the activities of management consultancy activities due to management contracts, training services to Mypes in financial issues, rates of interest, credit and investments portfolio; legal activities showed improvements due to court proceedings, influx of people for notary procedures, company formation, reorganization of societies, disputes and arbitrations, as well as consulting in the criminal, civil and familiar field.

The accounting activities, increased by contract renewal to corporate, audits, accounting, tax and labor services. Meanwhile, it decreased the activities of essays and technical analysis as a result of the lower inspection services, sample analysis and physical and chemical essays, as well as the forest and organic certification.

Advertising and market research increased by 6.34%, in May of this year, due to the dynamism of advertising field associated to the development of advertising campaign on the occasion of the Mother’s Day, which was reflected in the increase of digital marketing, new proposals of business strategies, services of promotion in retail, programs of loyalty and customer loyalty, influence marketing and new technologies such as artificial intelligence for brand promotion.

Likewise, it increased the market research due to local and regional studies, development of marketing strategies, customer segmentation, and assessment of competences, surveys and polls.

During May of 2023, the activities of administrative and support services reduced by 0.62%, in response to the lower evolution of the activities related with the employment in the provision of human resources and in the provision of human resources and outsourcing before termination of contracts and lower demand of training programs to personnel.

Likewise, the activities of temporary agency work and job placement were affected by the lower temporary and complementary personnel requirement. In addition, office administrative activities explained by the decrease registered in telephone exchanges, collections, trade fair and conventions organizations; as well as the activities of security systems by ceasing of contracts, lower alarms installation against burglaries, fires and electronic monitoring; private security due to the completion of contracts of surveillance, safeguard and carriage of valuables.

On the other hand, it increased the activities of cleaning of buildings due to maintenance and cleaning in public institutions, private companies, industrial and mining plants. Likewise, the activities of rental and operational leasing associated to the rent of machinery, equipment and tangible goods due to mining projects.

The production of travel agencies and tour operators reduced by 17.17%, mainly by the contraction of travel agencies, because of the lower demand of flight tickets, touristic packages, travel reservation services, hotels and tours, associated to the lower touristic flow to the main touristic cities of Peru.

In addition, the activities of touristic operators were affected by the lower influx of foreign and domestic tourists, explained by the uncertainty created before the occurrence of climate phenomena and the dengue epidemiological alert in the north of the country.