MADRID, 10 Nov. (EUROPA PRESS) -

The number of new commercial companies increased by 3.3% in September compared to the same month of 2021, to add a total of 6,838 companies, according to data released this Thursday by the National Institute of Statistics (INE).

With the rebound in September, the creation of companies puts an end to five consecutive months of year-on-year declines after falling by 8.2% in April, 4.6% in May, 6.8% in June, 14, 4% in July and 6.4% in August.

For the constitution of the 6,838 companies created in September, almost 400 million euros were subscribed, which is 77.3% more than in the same month of 2021, while the average subscribed capital, which stood at 58,457 euros, increased 71.7% year-on-year.

While the creation of companies increased, in September the dissolution of companies also grew, 11.8% compared to the same month last year, to a total of 1,430.

In the first nine months of the year, 3% fewer companies have been incorporated than in the same period in 2021 and 9.1% more companies have disappeared.