Press release 7/02/03

 

RETAIL TRADE INDEX (ICIm) Fourth quarter 2002

 

RETAIL SECTOR SALES IN THE A.C. OF THE BASQUE COUNTRY ROSE 3.7% IN THE FOURTH QUARTER OF 2002

With this data, nominal accumulated growth for the year stood at 3.1%.

The retail trade sector of the A.C. of the Basque Country increased sales by 3.7% in nominal terms in the fourth quarter of 2002 in relation to the same period the previous year, according to Eustat data. This nominal growth converts to a positive evolution of 1.6% in real terms.

Accumulated growth for 2002 was 3.1% in nominal terms and 0.8% in real terms.

Retail trade in medium and large stores (non-specialised) grew 4.9% in the fourth quarter of the year in nominal terms. Once the effect of the rise in prices is discounted, the variation in the inter-annual rate is 0.7% with regard to the same quarter the previous year.

Traditional retail trade (specialised) increased nominal sales by 3.1% in the fourth quarter of 2002 with regard to the same period in 2001. This nominal increase, once the effect of the rise in prices is discounted, becomes 2.0% in real terms.

Personnel employed in the retail trade sector registered 2.9% growth in the fourth quarter of 2002 with regard to the previous quarter. The increase in employment occurred mainly in specialised or traditional retail trade (3.8%), as in the non-specialised sector the increase was only 0.1%.

By Provinces, the highest growth in nominal sales by the retail sector in the fourth quarter corresponded to Bizkaia, with a 5.0% inter-annual increase in the general index, followed by Alava with a positive variation of 2.8%, while Gipuzkoa obtained more modest growth of 2.0%.

For the whole of 2002 accumulated growth in sales in the retail sector by Provinces showed higher growth in Bizkaia, with an increase of 4.0%, than in Alava and Gipuzkoa, which increased sales by 2.3% and 2.2%, respectively.

With regard to personnel employed in the retail trade sector in 2002, there was a 0.5% accumulated growth with regard to the previous year for the whole of the A.C. of the Basque Country and it is reflected provincially in the following way: 3.0% increase in Alava and 0.6% in Gipuzkoa, while in Bizkaia there was a slight decrease of 0.2%.

 

 

For further information:

Euskal Estatistika Erakundea / Instituto Vasco de Estadística

Donostia-San Sebastián 1, 01010 Vitoria-Gasteiz

Tel:+34-945 017500 Fax:+34-945 017501 E-mail: eustat@eustat.eus

Contact person: Enrique Morales Zubizarreta

Tel:+34-945 017505 Fax:+34-945 017501

Press releases on the Internet: www.eustat.eus



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RETAIL SECTOR SALES IN THE A.C. OF THE BASQUE COUNTRY ROSE 3.7% IN THE FOURTH QUARTER OF 2002

Operation : 
Retail trade index
Código operación : 
142530
Frequency : 
Quarterly
Timeframe : 
i/2025
Last updated : 
02/07/2003
Next update : 
08/06/2025
Type of operation : 
Encuesta por muestreo
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Licence : 
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Permalink : 
https://en.eustat.eus/elementos/not0001979_i.html
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