The economy of the Valencian Community grew by 4.3 percent in the third quarter of the year, almost two points above the interannual state average, data that corroborates the tendency to recovery registered in recent months and that other data such as the growth of the CPI in October with an interannual variation of 4.5% or the increase in that period, by 3.2%, of companies registered with Social Security.
This increase is in tune with the number of worker affiliations, which also grew by 3.9%, as shown in the current files and the economic, labor and social indicators prepared by the Economic and Social Committee of the Valencian Community (CES CV).
These tokens also recorded an interannual variation of 5.6% in the October CPI, a percentage that had not been reached since August 1992. As in previous months, the rise in the price of electricity has been, to a large extent, the cause of the high increase in the CPI in October.
Specifically, the electricity, gas and other fuels component has increased by 53% in year-on-year terms in the Community, an increase in energy rates that was also transferred in October to the Industrial Price Index (IPRI), which grew by 16 , 9%. Even so, the Valencian Community has been the autonomy that registered the lowest interannual increase in the IPRI, after La Rioja (12.7%).
In Spain as a whole, the increase was 15 percentage points, higher than that experienced in the Valencian Community.
October is an important month to know the tax collection, since this month, in addition to the usual monthly returns, the quarterly returns corresponding to the third quarter of the year and, above all, the second payment on account of the Corporation Tax that is settled the April-September period.
These data are reflected in the CES-CV file and show that the accumulated income in 2021 until the month of October in the delegations of the Tax Agency of the Valencian Community amounts to 13,684.9 million euros, with a growth of 27, 8% compared to September and 15.6% more in the year-on-year comparison.