Press release 02/02/2007

RETAIL TRADE INDEX (ICIm) 4th quarter 2006



Retail sector sales grew 2.1% in the A.C. of the Basque Country in the fourth quarter of 2006



With these data, nominal accumulated growth for 2006 came to 4.6%


The retail trade sector of the A.C. of the Basque Country increased nominal sales by 2.1% in the fourth quarter of 2006 with regard to the same period the year before, according to Eustat data. This nominal increase, discounting the effect of price rises, also becomes a positive inter-annual evolution of 0.2% in real terms.


Real rates of inter-annual growth. A.C. of Euskadi



Source: EUSTAT


Specialised retail trade increased nominal sales by 2.5% in the fourth quarter of 2006, with regard to the same period in 2005. This nominal increase, as a result of the evolution of the prices of the different subsectors, becomes a real 1.1% growth rate.


Retail trade at medium and large stores (non-specialised) increased in the fourth quarter of the year by 1.5% in nominal terms. Bearing in mind the evolution in prices, the estimated variation in the inter-annual rate was -1.7% with regard to the same quarter of 2005.


Specialised retail trade saw the highest inter-annual growth rate in the sector of Personal Equipment, which registered 4% nominal growth, which in real terms was a negative rate of -2.4%. Food, however, developed more discretely, with 3.6% in current euros and the evolution was estimated to be -0.7% in constant euros. Sales of products of Other Consumer Goods increased by 1.3% in nominal terms, and became a 1.8% increase in real terms. Sales of Household Equipment goods increased by 0.7% in nominal terms, which becomes a -1.5% decrease in real terms. In the section of non-specialised medium and large stores, the predominantly food based sub sectors increased inter-annual sales by 1.6%, which sales of Other Products obtained a 0.7%. increase. In constant euros they decreased by -1.7% and -1.4% respectively.


By Provinces, the highest growth, in the fourth quarter of 2006, in retail sector nominal sales corresponded to Álava, with an 4.2% inter-annual increase, specialised retail trade sales rising 6.6% and non-specialised retail trade sales decreasing by -0.3%.



Gipuzkoa registered similar inter-annual provincial growth in sale of retail trade to Álava; the rise was 4.1%, this increase being 5.8% for specialised retail trade and a 0.7% increase for non-specialised trade.


Bizkaia obtained a lower evolution in retail trade sales with a 0.6% increase, registering a -0.4% decrease in specialised trade sales and a 2.3% increase in sales at medium and large non-specialised stores, in terms of nominal inter-annual variation.


Growth in employment in the retail trade sector in the fourth quarter of 2006 grew by 1.1% on the third quarter of 2006 for the whole of the A.C. of the Basque Country.


ANNUAL BALANCE 2006


Over the whole of the year retail trade sales registered 4.6% accumulated nominal growth, which in real terms represented a 2.7% increase.


By provinces, Álava registered the highest growth over the year, with 8.9%, followed by Bizkaia with 4.3% and Gipuzkoa with 3.4%, all of which are nominal rates. In real terms, growth in the three provinces was 6.5% for Álava, 2.5% for Bizkaia and 1.7% for Gipuzkoa.


Accumulated growth in employment in the retail trade sector on the average for the previous year was 1.1% and was reflected provincially as follows: Álava 1.3%, Bizkaia 1.1% and Gipuzkoa 0.9%.



For further information:

Euskal Estatistika-Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tel:+34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: eustat@eustat.es
Contact: Gerardo Pérez Aja
Tel:+34-945-01 75 06 Fax:+34-945-01 75 01
Press release on the Internet: www.eustat.es
Data bank: www.eustat.eus/bancopx/spanish/indice.aspx
 

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Retail sector sales grew 2.1% in the A.C. of the Basque Country in the fourth quarter of 2006

Operation : 
Retail trade index (ICIm)
Código operación : 
142530
Frequency : 
Trimestral
Timeframe : 
4º trimestre de 2006
Last updated : 
02/02/2007
Next update : 
05/07/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0004153_i.html
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