Sector services provided to companies grew 3.54% in March 2024

In March 2024, the sector services provided to companies registered an increase of 3.54%, compared to the same month of the last year, explained by three of its four components: professional, scientific and technical activities, travel agencies and tour operators and advertising and market research; and activities of administrative and support services. On the other hand, the activities of administrative and support services decreased.

During the first quarter of 2024, the sector services provided to companies progressed 2.79%, compared to the same period of 2023.

Professional, scientific and technical activities registered an increase of 3.44%, explained by the positive result of the activities of architecture and engineering, before the opening of new stages of projects, implementation of engineering studies, award of service orders, participation in tenders and valuations approved by milestones attained.

The activities management consultancy activities grew due to greater demand of management consultancy in business strategies, management services, comprehensive advice in accounting and finance areas.

On the other hand, legal activities reduced due to the lower cases won, culmination of projects, reduction of public deeds and delay in the progress of files in Judicial System due to suspension of activities earlier this month.

Likewise, the accounting activities experienced decrease of services in tax consulting, audits and records of accounting accounts. The same behavior showed essays and technical analysis, due to the lower demand of chemical and physical analysis of samples and product certifications at national level.

Travel agencies and tour operators sector registered an increase of 46.26% in March 2024, driven by the travel agencies, because of offers and promotions due to the Cyber Days in tour packages, domestic and international air tickets, transfers and hotel reservations, cruise line and services of Air Broker (intermediate services of travels), encouraged by festive dates such as the celebration of Holly Week.

In addition, the tour operators showed positive trend, due to the growth of domestic and receptive (foreigners) tourism, greater dynamism of activities such as guided tours to historic centers, tours around the city, guided tours and culinary experiences in rural restaurants, adventure sports and visits to the National Reserve of Paracas, Ballestas Islands, Esplanade of Sacsayhuamán, Archeologic Park of Ollantaytambo and Historic Sanctuary of Machu Picchu.

Advertising and market research reported an increase of 7.73%, due to the dynamism of the advertising sector in the launching of school campaign and Holly Week, dissemination of advertising messages in platforms of social networks such as TikTok, YouTube, Instagram and Facebook, development of designs and digital animation, projects of commercial production for radio and television and rental of advertising panels (LED display and static panels).

Likewise, the activity of market research and conduct of public opinion polls grew due to the market analysis, regional and local studies in social and economic subjects.

Activities of administrative and support services showed a decrease of 0.77% in March of 2024, due to lower service of private security, such as corporative surveillance service, reduction of security perimeter, value transfer, guard of personnel and finalization of security contracts with the public sector.

Services to buildings and activities of gardening showed a negative trend due to general cleaning of buildings, before the lower contracts of complete cleaning of offices, fumigation and disinfection of houses, departments, hospital centers, education centers, corporate enterprises and industries.

The activities of administrative and support services contracted by lower activities of telephone exchanges due to the lower demand of telemarketing, customer service and technical support campaigns. Likewise, the activities related with employment were reduced due to the lower recruitment and selection of professional, technical, complementary and eventual personal.